3/14/2023 | Posted in Mortgages and Real Estate by Francesco Basile
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The latest data shows Canadians are spending 7.66% of their household disposable income on servicing their mortgage debt. ... More
10/7/2022 | Posted in Canadian Housing Market by Francesco Basile
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While home prices across Canada are projected to fall further into the early part of next year, the housing market is in the midst of a correction rather than a crash, according ... More
9/21/2022 | Posted in Home Owners by Francesco Basile
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Significant slowdown in housing, bond, and equity markets had a major influence on Q2 figures ... More
8/19/2022 | Posted in Canadian Housing Market by Francesco Basile
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Immigration and shrinking household size will support Canada’s property market through the current correction according to a new report from RBC Economics. ... More
7/13/2022 | Posted in Mortgages and Real Estate by Francesco Basile
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The Bank of Canada increased its key interest rate by one percentage point Wednesday in the largest hike the country has seen in 24 years. ... More
6/28/2022 | Posted in Interest Rates by Francesco Basile
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Inflation in Canada grew at a pace not seen since 1983, further increasing the likelihood of an “oversized” rate hike of 75 basis points at the Bank of Canada’s ... More
6/14/2022 | Posted in Canadian Economy and Interest Rates by Francesco Basile
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The likely deceleration of the housing market would be a welcome effect, Macklem says ... More
4/26/2022 | Posted in Real Estate News by Francesco Basile
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Canadian household budgets are being squeezed tight but buying a home remains on the wish list ... More
4/21/2020 | Posted in Canadian Economy and Housing Market by Francesco Basile
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More
12/16/2019 | Posted in Financial Health by Francesco Basile
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Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more. ... More
12/3/2019 | Posted in Canada Living by Francesco Basile
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Contribution room accumulates beginning in the year in which a person turns 18 ... More
10/30/2019 | Posted in Interest Rates by Francesco Basile
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The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%. ... More
9/19/2019 | Posted in Canadian Economy and Housing Market by Francesco Basile
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The average Canadian household was worth less in 2018 than in the previous year. ... More
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