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Younger Canadians are outpacing older demographics in reducing their mortgage debt, new research from Statistic Canada has found. The research shows that households aged 35 and…
The Canadian Real Estate Association (CREA) has raised its 2025 home sale and price growth forecasts slightly compared to its fall projections. “The assumption remains that…
Traders work at the New York Stock Exchange on Dec. 17, 2024.NYSETreasury yields rose Thursday morning as investors digested new data on weekly jobless claims.The yield…
Canadian homeowners are increasingly tapping into their home equity, with HELOC (Home Equity Line of Credit) usage rising to its highest level in nearly two years,…
A mortgage rate war is underway as more than half of all mortgages held by Canadian banks are coming up for renewal over the next two…
2025 forecasted as a banner year for Canada’s mortgage market Thousands of mortgage professionals gathered in Montreal this week for the sold-out 2024 National Mortgage Conference,…
As economic pressures mount, Canadians are pulling back on spending, a trend highlighted in the latest RBC Consumer Spending Tracker. Following the post-pandemic surge, the reality…
Despite rising affordability challenges, the majority of young Canadians still view homeownership as a valuable investment, according to a recent Royal LePage survey. A full 84%…
The Canada Mortgage and Housing Corporation (CMHC) has suspended its dividend payments to the federal government, redirecting funds to address Canada’s rental housing shortage. The move,…
While mortgage rates have fallen substantially over the past year, they’re still not low enough to entice a majority of prospective homebuyers into the market, according…
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Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
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