1/28/2020 | Posted in Financial Health by Ron Hyde
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Despite a decelerating pace of borrowing, Canadian seniors still pushed the nation’s reverse mortgage debt balance towards yet another ... More

Real Estate & Mortgage News

  1/2/2020 | Posted in Canada Living by Ron Hyde
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Most Canadians held back from increasing their debt burden in 2019 and 1 in 5 say debt repayment is their top financial priority for 2020. ... More

Real Estate & Mortgage News

  12/16/2019 | Posted in Financial Health by Ron Hyde
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Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more. ... More

Real Estate & Mortgage News

  9/19/2019 | Posted in Canadian Economy and Housing Market by Ron Hyde
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The average Canadian household was worth less in 2018 than in the previous year. ... More

Real Estate & Mortgage News

  9/14/2019 | Posted in Financial Health by Ron Hyde
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Household income grew slightly faster than debt in the second quarter as the amount Canadians owe relative to their income edged down for the third quarter in a row. ... More

Real Estate & Mortgage News

  9/4/2019 | Posted in Interest Rates by Ron Hyde
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The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. ... More

Real Estate & Mortgage News

  8/20/2019 | Posted in Interest Rates by Ron Hyde
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A slowing economy and growing trade tensions suggest a cut will happen more quickly than currently accounted for, Macquarie economist says. ... More

Real Estate & Mortgage News

  8/2/2019 | Posted in Financial Health by Ron Hyde
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The average Canadian household paid nearly $40,000 in taxes last year, more than the combined cost of clothing, food and shelter, according to a new report. ... More

Real Estate & Mortgage News