11/29/2024 | Posted in Mortgages and Real Estate by Becky Lu-Do
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Canada’s banking regulator threw the mortgage industry a curve ball last week when a representative suggested there were some restrictions to a recent policy change most ... More

11/14/2024 | Posted in Mortgages and Real Estate by Becky Lu-Do
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BMO economist predicts homeowners can absorb higher mortgage rates
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11/6/2024 | Posted in Mortgages and Real Estate by Becky Lu-Do
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Canada's housing affordability cannot be resolved by changing the country's unique mortgage structure, the Bank of Canada's Senior Deputy Governor said on ... More

7/24/2024 | Posted in Canadian Economy and Interest Rates by Becky Lu-Do
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The Bank of Canada cut its benchmark interest rate by a quarter of a percentage point on Wednesday, the second straight reduction in the central bank’s easing cycle.
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5/30/2024 | Posted in Home Owners by Becky Lu-Do
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A recent study on Statistics Canada data shines light on trend
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5/29/2024 | Posted in Mortgages and Real Estate by Becky Lu-Do
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Canada Mortgage and Housing Corp. says the country’s total residential mortgage debt totalled $2.16 trillion as of February this year, up 3.4 per cent year-over-year and ... More

4/16/2024 | Posted in Mortgages and Real Estate by Becky Lu-Do
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Canadian regulator cracks down on high-debt mortgages to protect borrowers
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3/19/2024 | Posted in Canadian Economy and Interest Rates by Becky Lu-Do
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'I hope they're not tepid,' says expert about BoC's upcoming decisions
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3/5/2024 | Posted in Financial Health by Becky Lu-Do
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Equifax Canada says consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023.
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2/6/2024 | Posted in Financial Health by Becky Lu-Do
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Further analysis of the latest Canadian insolvency stats reveal some revealing elements that typically connect those whose finances have got too much for them.
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1/25/2024 | Posted in Mortgages and Real Estate by Becky Lu-Do
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Canada’s youngest demographic of homeowners is the only group to have reduced their mortgage debt since rates started rising in 2022.
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