Money Talks: Volume 1 (2016)
Money Talks returns with a look at how the UK’s referendum on European Union membership is influencing Canada’s mortgage market.
Read moreHow Brexit Could Impact Canada’s Housing Market
Brexit dealt a massive blow to the financial markets, as heightened economic and political uncertainty triggered unrest across the globe. The aftershock of the referendum will have a prolonged impact on the global economy, including real estate.
Read moreStrong Mortgage Regulations Make Canada Resilient to Housing Crisis: Moody’s
Rock-bottom interest rates are driving an unprecedented housing boom that has many economists worried about an overvalued market. But a recent report from Moody’s suggests Canada is more than capable of withstanding a market correction without a US-style recession.
Read moreThe Culture of Debt: Canada’s Growing Credit Problem
Nearly three-quarters of Canadian families carry some form of debt. This figure is expected to increase as debt acceptance remains a cultural norm. But under the seams of this cultural norm are big issues that threaten to undermine the economy.
Read moreBank of Canada (BOC) Expected to Keep Rates Low Until 2017, Providing More Fuel for Housing Market
After cutting the benchmark interest rate to 0.5% in July 2015, the Bank of Canada (BOC) has remained largely on the sidelines, as the world’s eleventh largest economy battled plunging oil prices and slowing international demand.
Read moreCanadian Real Estate Investing Continues to Pay Dividends
Real estate investing in Canada continues to pay dividends, with growth in house prices far outpacing gains in equities over the past 12 months.
Read moreWhen (and How) to Use Second Mortgages
If you’re a homeowner, deciding whether to extract equity from your property is one of the most important decisions you’ll ever make. If you leave your existing first mortgage intact, and look to add another loan on top, this is what is known as a second mortgage. This is a potentially powerful financing options for homeowners with a lot of equity or those struggling to qualify for an unsecured loan.
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