Australia Urged to Follow Canada’s Mortgage Insurance System
Australian government urged to follow the Canadian model of selling mortgage insurance to all financial institutions to create fair competition.
Read moreHigh Rise Sales Spike in Toronto
High-rise sales in Toronto have seen a spike in the last month, with people preferring to buy affordable condos as opposed to costlier low-rise homes.
Read moreCanadian Home Prices a Cause for Concern, Says American Macroeconomist Dean Baker
American macro-economist and CEPR co-founder Dean Baker says that overvalued Canadian home prices are indicative of an approaching housing market meltdown.
Read moreA Window for Mortgage Renewal, Refinancing as Inflation Climbs
: Homeowners have a window of opportunity to consider their mortgage renewal and/or refinancing options as the Bank of Canada consider newly released inflation numbers and the economic recovery her, in the U.S., and in Europe.
Read moreWhat Experts Have to Say About Canada’s Household Debt
Mounting Canadian household debt is a cause for alarm. With interest rate hikes anticipated in the near future, Canadians will do well to increase secured and unsecured debt repayments in the present low-rate environment.
Read moreMortgage Rate Hikes – Era of Rock Bottom Rates Coming to an End?
RBC and TD have announced interest rate hikes on fixed rate mortgages, with the new rate on a 5-year mortgage raised to 5.44%.
Read moreMajor Banks Hike Mortgage Rates on Fixed-Rate Mortgage Products
Fixed Rate Mortgage Products – Major Banks Raising Rates
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