Canadian 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 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 more40% of Mortgages Negotiated through Mortgage Brokers
More and more Canadians are choosing mortgage brokers to negotiate their home purchase or debt consolidation.
Read moreCanadian Housing Market to Remain Stable
Stable home prices and improving home resale volumes indicate that the Canadian housing market is poised for a stable time ahead.
Read moreOntario Small Businesses Unhappy with Government Policies
Ontario small businesses say that the government’s provincial policies are further weakening the already poor economy.
Read moreCanadians Managing Mortgage Debt Responsibly
A CAAMP report suggests that Canadian homeowners are managing mortgage debt responsibly, making larger monthly payments and prudent long-term mortgage decisions.
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