Canadian mortgage borrowers continued to see their interest costs climb in the second quarter, which have now soared over 80% since the Bank of Canada started raising interest ... More

It's very likely that COVID-19 will shatter Ontario's municipalities' budgets, and without provincial or federal help they will have no option but to increase the ... More

Canadian homeowners continue to cut back on home renovation spending in 2019: CIBC Poll ... More

Homeowners wanting to maximize the appraisal value of their home should think about outside space. ... More

Homeownership rates in Canada remain among the highest in the world despite housing affordability concerns across the country, according to the Royal Bank of Canada (RBC). ... More

The cost of rental housing jumped by the most in 30 years in January, according to Statistics Canada data. ... More

As Canadian mortgages come up for renewal, many households are starting to experience what TD Economics has dubbed a “completely new phenomenon” – higher ... More

Canadians spent nearly $78bln on renovations last year, but a slower sales cycle could impact that figure. ... More

A reverse mortgage can be a solution for some cash-strapped retirees, but it comes at a steep cost. ... More

Spending drops as much as 25 per cent in some provinces as more homeowners focus on wear and tear. ... More

Almost six in 10 Canadian millennials are already homeowners, with more of this age group planning to buy a home in the next two years, according to a Genworth Canada survey ... More

The Bank of Canada’s decision to raise its benchmark rate to 1.25% earlier this week will make renewals a significantly more daunting prospect for mortgage holders. ... More

Foreign buyers make up a minuscule portion of the overall housing market in this country, new research shows, but what they own is more expensive and newer than the average ... More

Canadian families increased their net worth by 14.7% in the four years from 2012-2016 according to new data from Statistics Canada. ... More

More than half of Canadians say they have good knowledge of debt management, yet many Canadians who hold a mortgage don’t believe they’re in debt at all. ... More

A large share of homeowners in Ontario are counting on home values increasing to ensure they have sufficient retirement funds. ... More

“Hey Siri, what’s the best mortgage rate?” ... More

The basic lesson: A property is worth what a buyer is willing to pay ... More

The number of new mortgages continued higher in 2016 but the share of first-time buyers slipped, CMHC says. The crown corporation reports that there were just over 1 million ... More

A rental suite is a great way to help homeowners meet their mortgage payments at a time when home prices are creeping ever upward in some parts of Canada. ... More

Homeowners with variable rate mortgages losing sleep over the increased chatter about a potential interest rate hike by the Bank of Canada should consider locking their rates in ... More

A federal agency is warning consumers addicted to home equity lines of credit — a product increasingly driving debt — could find themselves at increased risk of ... More

With average household debt and housing prices at record highs across Canada, a new poll by CIBC finds that a growing number of Canadian homeowners (48 per cent) are choosing to ... More

Almost three quarters of Canadian homeowners would have difficulty paying their mortgage every month if their payments increased by as little as 10 per cent, a new survey from ... More

The Toronto area will need up to $150 billion in new home construction in the coming decade and most of that should be rental units, says a report from the Canadian Centre for ... More

Around 10 million Canadians say they have experienced moderate to high levels of income volatility in the past year. ... More

Many millennials face the understandable apprehension that they may never be able to afford a home in a market that’s continually surging to new heights. ... More

Almost 1 in 4 homebuyers is buying on their own, often due to unexpected life changes. A new survey from TD found that 69 per cent of divorced and 35 per cent of widowed ... More

Homebuyers can now view their potential broker’s regulatory record in a now online portal, which allows consumers to search broker and company names to view disciplinary ... More

Locking in a rate before mortgages become more expensive is the best choice at present, as recent developments have pointed at a possible U.S. Federal Reserve rate hike in 2017. ... More