Measures designed to cool the housing market and the issues surrounding mortgage lender Home Capital will not damage the Canadian housing market according to a poll of economists
The weekly Canadian Confidence Index from Bloomberg and Nanos Research has been trending lower in recent weeks and that continued last week.
Canada’s first financial literacy leader, appointed just over a year ago, will be setting out her strategy at a meeting in Toronto Tuesday.
A former mortgage broker and a former lawyer have been charged with an alleged mortgage fraud in Calgary.
Three of Canada’s largest mortgage lenders and banks have demonstrated their social responsibility this week.
The mortgage market south of the border is suffering some volatility currently as bond market yields have increased leading to a spike in mortgage rates.
Hamilton and Burlington is showing continued improvements in terms of housing market performance, setting another sales record last month.
The economic research division of mortgage lender RBC forecasts improvement in Canada’s economy for the second half of this year.
Another major mortgage lender has revised downwards its forecast for Canada’s economy.
New data from Statistics Canada shows that the gap between Canada’s richest 20 per cent and the poorest almost doubled in the period 1999-2012.
The average home value in the Greater Toronto Area has climbed another 15 per cent in the four months since it went over the $1m tag price in February this year.