12/15/2023 | Posted in Canadian Economy and Interest Rates by Jim Turnbull
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The Bank of Canada’s top official said policymakers will consider cutting interest rates when inflation is “clearly” on a path to the two per cent target, but ... More

Real Estate & Mortgage News

  7/13/2023 | Posted in Mortgages and Real Estate by Jim Turnbull
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Following the Bank of Canada’s latest interest rate hike, experts say Canadian mortgage owners will feel the impact of higher borrowing costs, either in the form of higher ... More

Real Estate & Mortgage News

  4/21/2020 | Posted in Canadian Economy and Housing Market by Jim Turnbull
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More

Real Estate & Mortgage News

  3/27/2020 | Posted in Financial Health by Jim Turnbull
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The coronavirus outbreak is leading to defaults on credit cards, utilities, and telecoms. ... More

Real Estate & Mortgage News

  3/19/2020 | Posted in Canadian Economy and Housing Market by Jim Turnbull
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A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic. ... More

Real Estate & Mortgage News

  6/5/2019 | Posted in Home Owners by Jim Turnbull
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Canadian homeowners continue to cut back on home renovation spending in 2019: CIBC Poll ... More

Real Estate & Mortgage News

  1/9/2019 | Posted in Financial Health by Jim Turnbull
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It's a worrying sign for an economy that has relied so heavily on consumer spending and the housing market to drive growth. ... More

Real Estate & Mortgage News

  12/19/2018 | Posted in Canadian Economy and Housing Market by Jim Turnbull
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Canada’s economy will slow down in 2019 with consumer spending impacted by weaker employment, cooling house prices, high levels of debt, and rising interest rates. ... More

Real Estate & Mortgage News