household wealth

Weekly mortgage digest: Canadians are pulling back on borrowing

September 15, 2024 No Comments

A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

Latest in mortgage news: Borrowers must adapt to ‘new normal’ of higher rates, says Macklem

June 16, 2024 No Comments

Interest rates may slowly start to be easing around the world, but they won’t be returning to pandemic levels and borrowers will need to adjust accordingly.

Renters face daunting barriers in their attempts to build wealth as they're forced to devote an increasing share of their income to keeping a roof over their head, said an RBC report out Thursday.

Renters have harder time accumulating wealth than homeowners: RBC economist

March 14, 2024 No Comments

Renters face daunting barriers in their attempts to build wealth as they’re forced to devote an increasing share of their income to keeping a roof over their head, said an RBC report out Thursday.

Mortgage interest costs now up over 80% since the start of the BoC’s rate hikes

September 13, 2023 No Comments

Canadian mortgage borrowers continued to see their interest costs climb in the second quarter, which have now soared over 80% since the Bank of Canada started raising interest rates.

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household wealth

Weekly mortgage digest: Canadians are pulling back on borrowing

Latest in mortgage news: Borrowers must adapt to ‘new normal’ of higher rates, says Macklem

Renters have harder time accumulating wealth than homeowners: RBC economist

Mortgage interest costs now up over 80% since the start of the BoC’s rate hikes

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