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If you want to know where the economy is really heading, don’t watch headlines — watch delinquencies. In every slowdown, the first warning isn’t layoffs, bankruptcies, or market crashes; it’s quiet, rising missed payments across mortgages, credit cards, and auto loans. #mortgagebroker #housingcrisis #housingcrisis #mortgage #realestate This video explains why delinquencies don’t predict pain but confirm financial stress that’s already happening, why rate cuts often fail to relieve cash-flow pressure, and what always comes next when banks react late and tighten credit. We break down the hidden phase no one talks about — minimum payments, extensions, silence — and the psychological reality behind missed payments, including shame, delay, and shrinking options. This isn’t fear-mongering; it’s about timing, awareness, and understanding how slow financial stress inevitably becomes a full-blown credit crisis if ignored. At OwlMortgage.ca, we’re reframing mortgages. Gone are the days of daunting contracts that laden you with debt. Our educational and empathetic approach considers your needs and wants from your home to make it work for you. We offer a helping hand regardless of your learning style or where you are in your home-buying journey. Whether you're self-employed, salaried, or retired, and looking for a first home, renewing, refinancing or consolidating your debt, the team is here to help. 📩 vince@owlmortgage.ca | (416) 613-5363 / vincegmortgage / vincegaetano / mortgagevinceg #mortgage #mortgagebroker #realestate #housingmarket #canada #interestrates #politics #canadianeconomy #CanadaRealEstate #YoungCanadians #mortgageTips #Finance