11/18/2020 | Posted in Financial Health by Becky Lu-Do
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The COVID-19 pandemic has pushed Canadians to accumulate the largest amount of cash ever recorded.

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Real Estate & Mortgage News

  9/15/2020 | Posted in Financial Health by Becky Lu-Do
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But more challenging times could be on their way.

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Real Estate & Mortgage News

  6/13/2020 | Posted in Financial Health by Becky Lu-Do
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The ratio of debt to disposable income peaked in 2017 at 178 per cent but it is currently just shy of that level.

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Real Estate & Mortgage News

  5/25/2020 | Posted in Canadian Housing Market by Becky Lu-Do
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Why does CMHC's Evan Siddall think Canada is headed for a 'deferral cliff'?

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Real Estate & Mortgage News

  5/20/2020 | Posted in Financial Health by Becky Lu-Do
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Although COVID-19 has slowed down the rate of insolvency filings nationwide, the year-to-date total is still the highest in a decade, according to the Office of the ... More

Real Estate & Mortgage News

  5/18/2020 | Posted in Financial Health by Becky Lu-Do
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Canadian household debt has reached $2.28 trillion in total as of March, with mortgage payments accounting for a significant slice of the growth, according to data from the ... More

Real Estate & Mortgage News

  1/28/2020 | Posted in Financial Health by Becky Lu-Do
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Despite a decelerating pace of borrowing, Canadian seniors still pushed the nation’s reverse mortgage debt balance towards yet another ... More

Real Estate & Mortgage News

  1/2/2020 | Posted in Canada Living by Becky Lu-Do
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Most Canadians held back from increasing their debt burden in 2019 and 1 in 5 say debt repayment is their top financial priority for 2020.

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Real Estate & Mortgage News

  12/16/2019 | Posted in Financial Health by Becky Lu-Do
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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.

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Real Estate & Mortgage News

  9/19/2019 | Posted in Canadian Economy and Housing Market by Becky Lu-Do
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The average Canadian household was worth less in 2018 than in the previous year.

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Real Estate & Mortgage News

  9/14/2019 | Posted in Financial Health by Becky Lu-Do
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Household income grew slightly faster than debt in the second quarter as the amount Canadians owe relative to their income edged down for the third quarter in a row.

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Real Estate & Mortgage News

  9/4/2019 | Posted in Interest Rates by Becky Lu-Do
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The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy.

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Real Estate & Mortgage News

  8/20/2019 | Posted in Interest Rates by Becky Lu-Do
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A slowing economy and growing trade tensions suggest a cut will happen more quickly than currently accounted for, Macquarie economist says.

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Real Estate & Mortgage News

  8/2/2019 | Posted in Financial Health by Becky Lu-Do
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The average Canadian household paid nearly $40,000 in taxes last year, more than the combined cost of clothing, food and shelter, according to a new report.

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Real Estate & Mortgage News
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