Fast-growing HELOCs pose potential systemic vulnerability, DBRS warns Lenders increasingly promote products that combine HELOCs with traditional mortgages James Langton February 22, 2019 Policymakers have long been concerned about Canada’s… read more →
After aggressive 2018, Bank of Canada will take it easy on interest rate hikes this year Josh Sherman Feb 22, 2019 The unexpectedly weak Canadian housing market is one factor… read more →
Canada’s housing crisis and mortgage stress test are officially election issues Debate was sparked on Thursday by an NDP motion calling on the government to create 500,000 affordable housing units in… read more →
Big-Bank Mortgages Are Comfortable, Popular And The Worst Deal Around Why do we stay with them? Complacency is a big reason. A lack of knowledge is another. Justin Thouin Co-Founder… read more →
Morneau taking close look at return to 30-year insured mortgages, homebuilders’ association says Bill Curry Ottawa February 6, 2019 The federal government appears to be considering a budget announcement that… read more →
More people are going broke in Canada as interest rates rise It’s a worrying sign for an economy that has relied so heavily on consumer spending and the housing market… read more →
Bank of Canada will likely press pause on 2019 rate hikes, BlackRock says Katherine Greifeld, Bloomberg News The world’s largest money manager expects the Bank of Canada to hit the… read more →
Impact of tighter stress tests to continue reverberating in 2019 by Ephraim Vecina03 Jan 2019 The stricter mortgage qualification rules introduced at the beginning of 2018 will continue to… read more →
Interest rate could hit 6% by 2020 by Neil Sharma04 Oct 2018 Interest rates could hit 6% by 2020, according to Moody’s Analytics. The prediction, using RPS data, is… read more →
3 predictions on what 2019 could have in store for the Canadian housing market Sarah Niedoba Oct 30, 2018 As fall draws to a close and the new year… read more →