Bank of Canada Holds Rates, Gives Mortgagors Confidence
Central bank in Canada announced no changes to interest rates. Furthermore, forecasts state that the rate hike before 2023 is highly unlikely. Governor Macklem pointed
Central bank in Canada announced no changes to interest rates. Furthermore, forecasts state that the rate hike before 2023 is highly unlikely. Governor Macklem pointed
The CMHC wanted to see twenty thousand people take usage of there shared-equity mortgage. Their annual report for 2019 showed that only 2,950 Canadians were
Evan Siddall, the CEO of the CMHC has preposed in a speech that now would be the time to raise the percent rate of down
The current stress tests that are being used make no sense under the current conditions of the economy. The tests should reflect what is possible
In Canada there doesn’t appear to be any sign of the housing market increasing anytime soon. The interest rates can be lowered, but that won’t
Cash flow is something that many people are struggling with right now due to the pandemic. A cash flow problem happens when your payments cost
Despite the pandemic, financial uncertainty and rising unemployment, real estate prices in Canada continued to climb in April, according to the TNBC house price index.
Steve Garganis is a renowned financial insider who specializes in Canadian mortgages and debt consolidation. According to Garganis, many Canadians are carrying debt from lines
Canada is still having some problems with debt, and it is partly due to the covid 19 crisis, but this doesn’t mean that it’s the
The forecasted drop in prices depends on the source that you are using, some people say that the housing market is doing well, but for