Report highlights generational income gap
Twenty-somethings are the first generation to be financially worse off than their parents.
Low rates still needed says BoC deputy
There are signs that the interest rates may stay low for some time to come.
US existing homes fall back
Investors are scaling back their involvement in the US property market but this is unlikely to mean a return to dark days for the market.
CMHC confirms potential risk-sharing
The Canada Mortgage and Housing Corporation (CMHC) has announced it will consider implementing risk-sharing measure with lenders in the future, confirming anonymous sources who told the Financial Post in early September that OSFI and CMHC were in talks about the potential policy.
Finance Minister weighs in on potential housing finance changes
Brokers will likely breathe a sigh of relief following Finance Minister Joe Oliver’s statement that the government will not make any sudden changes to the housing finance system.
Four giveaways of an awful website
With more homebuyers than ever before first checking online for mortgage information, it’s important brokers avoid making any online faux pas; if these common mistakes ring any bells, than it’s time to redesign your website.
Buying a home is more expensive than expected says BMO
The Bank of Montreal’s Fall Home Buying Report shows that there is a large gap between what buyers expect to pay for their new home and what they actually end up spending.
CMHC head says ‘no bubble’
In a speech on Friday, the CEO of the Canada Mortgage and Housing Corporation says there is no fear of a housing bubble.
Is your city one of Canada’s best for newcomers?
Waterloo, Calgary, Ottawa, Richmond Hill, Vancouver, and St. John’s continue to appeal to newcomers, according to The Conference Board of Canada’s report assessing the attractiveness of Canadian cities.
Household costs push inflation index higher
An unexpected rise in the core index for inflation could lead to a change in policy at Canada’s central bank.