Browsing: Digest
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…
Canadians continued to rein in borrowing for the second straight quarter, according to recent data from Statistics Canada. Household credit market borrowing slowed slightly to $25.1…
Anyone who’s been shopping for mortgage rates over the past week has likely noticed fixed rates trending upwards. The latest wave of increases, however, seems to…
Weekly Mortgage Digest: Bank of Canada raises concerns over economic risks as inflation nears target
The Bank of Canada’s recently released summary of deliberations from its July 24 monetary policy meeting reveals a growing concern about downside risks to inflation. While…
Markets are increasingly betting on the Bank of Canada delivering a 50-basis point rate cut during its October 23 policy decision, with the odds now sitting…
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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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