consumer confidence

High interest rates impacting Canadians love life

Latest in mortgage news: 50% of Canadians say high interest rates are negatively impacting their love life

February 12, 2024 1 Comment

As Cupid readies his arrows for Valentine’s Day, a new survey has uncovered that high interest rates are taking their toll on Canadians’ romantic life

Canadian recession imminent and could last through the first half of 2024: Desjardins

August 31, 2023 No Comments

Despite Canada’s economy outperforming expectations over the last few quarters, signs are starting to suggest a slowdown is on the horizon, according to a report from Desjardins.

BMO & CIBC hike fixed rates, and more lenders could join them as bond yields rise

June 7, 2023 No Comments

Numerous lenders continued to raise fixed mortgage rates this week, including several big banks, and more hikes could be on the way as short-term bond yields hit a 15-year high.

NBC first to offer First Home Savings Account

The latest in mortgage news: National Bank among first to offer First Home Savings Account

April 18, 2023 No Comments

National Bank has become one of the first of the big banks to make the new First Home Savings Account (FHSA) available to its clients.

The Latest in Mortgage News: GTA Home Prices Down 22% from February

May 2, 2022 No Comments

Early April housing data indicates prices for certain housing segments in the Greater Toronto Area are down from their February peak by as much as 22%.

The Latest in Mortgage News: Housing Affordability Reaches Worst Level in 31 Years

April 1, 2022 No Comments

Housing affordability in Canada has deteriorated to its worst level in 31 years, according to RBC Economics.

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