Led by RBC, all of the big banks have now hiked their posted rates since last week by up to 20 bps on fixed terms.
Among the changes, RBC, TD, BMO, Scotiaban... Read More...
Among external factors that affect housing markets, two are by far the most important and both are more or less directly controlled by the federal government.
... Read More...
Will Dunning, Chief Economist for Mortgage Professionals Canada, has released his Housing Market Digests for August 2017, both for Canada and the Greater Toront... Read More...
Keynes is alive and well and living in Australia. This conclusion (a paraphrase of the famous quote by economist George Stigler about Adam Smith being alive and... Read More...
June brought more declines in sales and prices to the Toronto real estate market, but are we in the midst of a soft landing or the beginning of a housing crash?... Read More...
The dramatic rise in Canadian house prices has been making headlines almost daily.
And for good reason: prices in and around the country’s hottest markets, T... Read More...
When Interest Rates Inevitably Rise…
In a new report on “household indebtedness and financial vulnerability,” the Parliamentary Budget Office (“PBO”) has pro... Read More...
When Interest Rates Inevitably Rise…
Manulife Bank hit an absolute home run with its report on consumer debt. The report was released May 23, in the form of a ... Read More...
It’s common knowledge—or at least it should be by now—that Canadians are carrying worrying levels of debt.
The latest reminder of how fragile the situation i... Read More...
Housing affordability questions have placed homeownership and public policy near the top of the national agenda, as mortgage brokers know. Most of the commentar... Read More...
