Average Canadian debt rose 2.7 per cent to $72,950, says Equifax Canada
According to Equifax Canada, the non mortgage debt in Canada rose 1%, roughly 24,000 dollars due to the use of lines of credit. Mortgage loans
March 15, 2020
TIPS AND GUIDES
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Canadian Residential Investment Is Seeing Growth Accelerate
Residential growth has been on the incline in recent years, but especially since the last election. The growth has taken place across many areas where
March 13, 2020
Houses cost millennials 14 times more than baby boomers
In the early years of the fifties, it was much easier for young adults to purchase a home. Now, young adults aren’t able to jump
March 11, 2020
B.C. tells inquiry money laundering has warped economy, fuelled opioid crisis
It is hard to tell exactly how the economy is doing when there is so much criminal activity and money laundering going on. It is
March 9, 2020
Victoria housing market hovering at a more vulnerable state – report
Victoria is a province in Canada that is experiencing higher vulnerability with regards to the housing market. The home price index as of January was
March 7, 2020
Who are the winners with the new qualifying interest rate?
The new minimum qualifying rate for insured mortgages is going to move to a weekly median 5 year fixed insurance rate plus 2 percent. This
March 5, 2020
Mortgage Stress Test: Everything you need to know
A stress test in a financial setting is a model of the worst circumstances that can impact and investment. In the case of a mortgage,
March 3, 2020