More and More Canadians Retiring with Debt
According to a New RBC study, 4 out of 10 Canadians Over 50 Have Retired with Debt. My parents recently sold their house and moved five hours south just to be closer to their grandkids.
Read moreNew Lending Rules Take Effect – Time to Break Out the Adult Beverage
With the New Lending Rules Taking Effect, ‘Sky is Falling’ Mentality Takes Ove the Canadian Consumer. Should I lock into a fixed rate, should I switch to a variable rate, should I break my current contract to get something now?
Read moreCMHC Decides Not to Insure Mortgages in the Northlands
The CMHC Has Decided that Insuring Mortgages in the Northlands is No Longer Warranted.
While in this blog I’ve frequently discussed Vancouver and Toronto, the expensive places to live in Canada, it is sometimes easy to neglect that this is a large and expansive country and that there are many other places that are expensive to live in for many reasons.
Has the Canadian Real Estate Market Peaked?
All Signs Point to the Fact that the Canadian Real Estate Market Has Peaked.We’re deep into the spring home buying season, which admittedly started a little earlier thanks to an incredibly mild winter and spring.
Read moreChanging the Rental Formula for Canadian Home Owners
Finance Minister Jim Flaherty Makes it More Difficult for Canadian Home Owners.
When Finance Minister Jim Flaherty attempted to cut down on real estate speculators with the new lending rules that came into effect on April 19.
Looking for a Loophole in the New Mortgage Rules?
Interested in Finding a Loophole in the New Mortgage Rules in Canada?
The new federal mortgage rules set to come into effect on April 19 apparently have a loophole.
More Canadian Banks Looking at Increasing Fixed-Rate Terms
More Banks in Canada Are Increasing Fixed-Rate Terms.A day after Royal Bank of Canada, Toronto-Dominion Bank and Laurentian Bank raised fixed-rate mortgage rates.
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