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Money Talks: Housing Market Slowdown Not Enough to Stop Canada’s Booming Economy
Ontario’s cooling housing market has been no match for Canada’s booming economy. Canadian GDP surged more than expected in the second quarter, growing at the fastest pace since 2011.
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Shopping for Mortgage Rates in Ontario: What You Need to Know
Mortgage rates have a significant impact on the overall cost of your home. If you’re in Ontario, consider these tips for landing the best rate possible.
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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 moreWhy all the Real Estate Sales in the Past Months?
We have all heard that by this time, we were supposed to be suffering from a massive collapse of the real estate market. But for the past several months, the real estate market has been seeing quite a boom. Granted, it’s not as large as we saw during the years of 2010 and 2012; but…
Read moreWhen Mortgage Rates Go Up, they Often Come Down
When mortgage rates were on the rise in August and September, they had home buyers and those looking to renew their mortgage in a panic. Rates rose significantly and pretty quickly, and had experts and analysts claiming that the predicted doom was here and that it would send our housing market into a tailspin. However,…
Read moreBank Forecasts Doom, Brokers Aren’t so Sure
Scotiabank has recently come out with a new forecast, saying that the housing market is going to be slow in 2014. This, they say, will be due to factors such as rising interest rates and low housing starts, but at least one broker isn’t so sure that their forecast represents reality. The bank did point…
Read moreA Positive Spin on Rising Mortgage Rates
Mortgage rates have been rising over the past few weeks, and that has left most consumers, both homeowners and home buyers, crying that they won’t be able to afford their mortgages. Of course these rising rates do have an impact on those looking to get a mortgage, and they can marginally increase monthly payments for…
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