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 →
Mortgage rules now ‘overkill’ that are hitting millennials particularly hard, home builders say Canada’s home builders are urging the federal government to relax the mortgage rules that have succeeded in… read more →
Market Minute by KUTYN Sales Volumes… Off, Off, Off In the month of November, for both the Comox Valley and Campbell River single family markets, the dollar volumes of… read more →
Falling Home Prices Mean Canadians Will Feel Poorer. That Could Be Bad For The Economy Never underestimate the importance of psychology to the markets. Daniel Tencer 11/17/2018 As Canadians’ home… read more →
What you probably don’t know about renewing your mortgage Erica Alini National Online Journalist, Money/Consumer Global News Around half of Canada’s mortgages are up for renewal this year. If yours… read more →