Outstanding Canadian Residential Mortgage Debt Crosses $1 Trillion
Canadian mortgage debt has crossed $1 trillion for the first time, due to increase in buying activity and home equity loans.
Read moreFed’s Stimulus Doesn’t Go Down Well with Emerging Economies
The Fed’s decision to pump in an additional $600 billion into the US economy has not gone down well with emerging economies and other G20 countries.
Read morePositive Report on Canadian Home Mortgage, Housing and Investment Property Markets
Industry report paints a positive picture of Canadian home mortgage, housing and investment property markets going forward.
Read moreOntario House Prices Overvalued by 11%
Ontario’s real estate market is likely to see a downward trend in 2011 and have a negative impact on the economy.
Read moreHow will QE2 affect Canadian Home Mortgage and Housing Markets?
Quantitative easing in the U.S. is unlikely to resolve the U.S. housing and foreclosure mess, or significantly boost consumer spending. In Canada, the question is how long will home mortgage and interest rates remain low while the Bank of Canada digests the effects of QE2.
Read moreOpportunity to Refinance Home Mortgage at Low Rates
Homeowners have a window of opportunity to refinance existing home mortgages, as analysts forecast that the Bank of Canada is likely to pause in its regimen of rate increases.
Read moreCanadian Housing Market to Cool Off
As the Canadian housing demand cools off, home prices are expected to drop in 2011.
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