How Will Consumer Debt of 145% Affect the Canadian Mortgage Market?
Canadian Mortgage Market – Canada’s Consumer Debt Ratio is one of the Highest in the World. How Will it Affect Canadian Mortgage Rules?
Read moreCanada: Good and Boring?
Recently, Paul Krugman, writer, columnist, and Nobel Prize Winner in Economic Sciences called Canada “good and boring”.
Read moreBorrowing From the Bank of Grandma?
Yesterday I wrote about how new homeowners were choosing longer amortization periods to free up cash flow and still be able to purchase real estate.
Read moreLonger Amortizations Attract New Homebuyers
A friend of mine has a theory about why it’s so difficult for Generations X and Y to put together enough money for a traditional down payment on a house.
Read moreVariable-Rate Mortgages: Worth the Risk?
Yesterday I wrote about fixed-rate mortgages and the peace of mind that they provide to borrowers. Let’s take a look at the other mortgage option – variable-rate mortgages.
Read moreFixed-Rate Mortgages: Worth the Peace of Mind?
My first piece of real estate was a downtown condo that I bought directly from the builder. I went with the standard five-year fixed-rate mortgage as it just seemed like the thing to do.
Read moreNews Flash: Vancouver is “Severely Unaffordable”
A survey ranked 272 metropolitan markets in Canada, the U.S. Ireland, the U.K., New Zealand and Australia.
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