Canadian Consumer Debt Increases

Photo: Flickr / Aron BakerAccording to a new report released by the federal bureau of number-crunching (officially known as Statistics Canada), the organization has sounded the bells of alarm in regards to the ever-increasing debt load held by Can...
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Central Bank Raises Overnight Rate to 1%

Photo: Flickr / Steven LilleyDuring the first half of the year, a loud debate was occurring in public as to what would happen if the Canadian central bank were to raise its interest rates, how would affect the real estate market, and most impo...
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Survey: Many Canadians Can’t Afford Extra Mortgage Costs

Photo: Flickr / GotCreditAccording to a recent poll conducted by Manulife Financial, there is a very small percentage of Canadians who say that they would be able to weather an increase in mortgage costs. Such data highlights the growing problem o...
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Government Regulations Barely Impact Toronto Markets

Photo: Flickr / Jamie McCaffreyAs the federal government has grown more and more concerned in regards to ever-rising prices in the real estate sector, it has embarked on a series of reforms that it claims will help prevent an excessive growth...
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Canadian Central Bank Watchful of Rate Changes

Photo: Flickr / Chris BrownAccording to an announcement offered by the Bank of Canada, the institution stated that it would leave its overnight rate (currently at 0.5%), as well as offering an explanation as to why it has come to such a decis...
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Mortgage Rules Economy

Higher Mortgage Rates Threaten Real Estate Market Performance

Photo: Flickr / 401(K) 2012Despite record home sales for the month of October, it is clear that the new federal government financial regime – aimed to prevent excessive consumer debt in a period of incredibly high home prices – has the potential t...
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US President Canada Mortgage

New American President Will Affect Canadian Mortgages

Photo: Flickr / Julian CarvajalThe election of a new American president will potentially mean changes in the Canadian mortgage regime, say a number of experts. President-elect Donald Trump’s vision for economic recovery in the United States is to s...
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Long-Term Economic Growth

New Rules Meant for Long-Term Economic Growth

Photo: Flickr/ Images MoneyThe new mortgage regulations set by the CMHC has almost everyone talking – and not in a positive way. From financial experts to local realtors, many are complaining that the new rules are going to severely limit not only...
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New Mortgage Regulations

CREA Critical of New Mortgage Regulations

Photo: Flickr/ 401(K) 2012The Canadian Real Estate Association is expressing concern about the federal government’s newly implemented mortgage rules, according to a press conference tabled by the association’s president. The new rules – which incl...
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new financial rules

Expert Defends New Financial Rules

Photo: Flickr/ PopTechAccording to an editorial penned by the president of the Canadian Mortgage and Housing Corporation, the federal government’s newly implemented regulations are doing exactly what they are designed to do – prevent the housing m...
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