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banks · Frozen publication data

Banks are setting aside more for mortgage losses

Expected credit losses as a share of residential mortgage balances at chartered banks: median, 25th and 75th percentile

Unit: percent of balances
Compare series or markets · 3 selected
Banks are setting aside more for mortgage lossesThe median bank's expected credit loss ratio was 0.149% in Q2 2026, more than double the 2015 to 2019 range. The 75th percentile hit 0.337%, a series high. Unit: percent of balances. Not seasonally adjusted. Use left and right arrow keys to inspect observations. The data table follows the chart.Banks are setting aside more for mortgage lossesMedian bank25th percentile75th percentilepercent of balances0%0.1%0.2%0.3%0.4%Q1 2015Q2 2017Q3 2019Q4 2021Q1 2024Q2 2026CMHC, Residential Mortgage Industry Report, Fall 2026, figure 11 (NHA MBS issuer reporting, CMHC c… · Through 2026-Q2Not seasonally adjustedHOMIES RESEARCH
Q2 2026Median bank 0.1493%25th percentile 0.095%75th percentile 0.3373%

The median bank's expected credit loss ratio was 0.149% in Q2 2026, more than double the 2015 to 2019 range. The 75th percentile hit 0.337%, a series high.

Source: CMHC, Residential Mortgage Industry Report, Fall 2026, figure 11 (NHA MBS issuer reporting, CMHC calculations). Reference: 2026-Q2. Released 2026-10-27. Retrieved 2026-10-27.

Not seasonally adjusted · Provisions are still under 1% of balances. The widening spread means some banks are much more exposed than others.

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View accessible data table · 3 series, 46 observations

Showing the latest 12 observations.

Banks are setting aside more for mortgage losses. Unit: percent of balances. Not seasonally adjusted
PeriodMedian bank25th percentile75th percentile
Q3 20230.1135%0.09%0.1713%
Q4 20230.1206%0.0947%0.1889%
Q1 20240.1318%0.1032%0.2392%
Q2 20240.1152%0.0999%0.1907%
Q3 20240.1104%0.0988%0.1769%
Q4 20240.1094%0.0892%0.1788%
Q1 20250.1105%0.0828%0.2078%
Q2 20250.1319%0.0881%0.228%
Q3 20250.1453%0.085%0.2196%
Q4 20250.1502%0.0861%0.2903%
Q1 20260.1468%0.0935%0.2943%
Q2 20260.1493%0.095%0.3373%

Homies Research · CMHC Fall 2026 mortgage report, explained ↗