5/29/2024 | Posted in Financial Health by Ron Hyde
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A new report suggests an increasing number of Canadians are seeing their credit card balances balloon as the cost-of-living crisis and higher interest rates eat into household ... More

Real Estate & Mortgage News

  4/16/2024 | Posted in Government and Regulation by Ron Hyde
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Housing was a key priority in today’s federal budget, though it came as no surprise given the array of housing-related policy announcements unveiled in recent weeks. ... More

Real Estate & Mortgage News

  4/16/2024 | Posted in Mortgages and Real Estate by Ron Hyde
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Canadian regulator cracks down on high-debt mortgages to protect borrowers ... More

Real Estate & Mortgage News

  4/10/2024 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada (BoC) today announced its key interest rate decision, electing to hold rates steady at five per cent. ... More

Real Estate & Mortgage News

  4/5/2024 | Posted in Canadian Housing Market by Ron Hyde
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The Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026. ... More

Real Estate & Mortgage News

  4/3/2024 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Economists question their forecasts as inflation expectations challenge anticipated rate cuts ... More

Real Estate & Mortgage News

  3/14/2024 | Posted in Financial Health by Ron Hyde
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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. ... More

Real Estate & Mortgage News

  2/29/2024 | Posted in Canada Living by Ron Hyde
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The cost of living in Toronto went up nearly 20 per cent between 2017 and 2022 – but that’s less than half the increase seen in the city’s housing prices over ... More

Real Estate & Mortgage News

  2/29/2024 | Posted in Canadian Housing Market Predictions by Ron Hyde
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Home prices in Canada are forecast to gain a bit this year and rise further in 2025 on relentless demand for housing amid scant new supply and prospects for interest rate cuts ... More

Real Estate & Mortgage News

  2/20/2024 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Canadian consumer prices eased at the start of this year, with progress on underlying pressures likely to give the Bank of Canada more room to start considering rate cuts in the ... More

Real Estate & Mortgage News

  2/6/2024 | Posted in Financial Health by Ron Hyde
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Further analysis of the latest Canadian insolvency stats reveal some revealing elements that typically connect those whose finances have got too much for them. ... More

Real Estate & Mortgage News

  2/5/2024 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Despite push-back from the Bank of Canada against aggressive rate-cut predictions, a majority of influential economists and analysts still expect rates to start falling by April. ... More

Real Estate & Mortgage News

  1/22/2024 | Posted in Canada Living by Ron Hyde
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Canada’s pace of population growth continues to set records as the country brings in a historic number of temporary residents, largely through international student and ... More

Real Estate & Mortgage News

  1/19/2024 | Posted in Interest Rates by Ron Hyde
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The Bank of Canada is likely to leave its overnight rate unchanged in its first decision of 2024, according to new forward guidance by the Royal Bank of Canada. ... More

Real Estate & Mortgage News

  1/15/2024 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up noticeably on a month-over-month basis in December 2023. ... More

Real Estate & Mortgage News

  1/3/2024 | Posted in Canada Living by Ron Hyde
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Taking into account occurrences of arson, burglary, robbery, and impaired driving, the poll gauged the safety levels of various Canadian cities. ... More

Real Estate & Mortgage News

  1/2/2024 | Posted in Canada Living by Ron Hyde
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Canadians preparing their taxes and finances for 2024 might find a bit of help from an unexpected friend: inflation. ... More

Real Estate & Mortgage News

  12/15/2023 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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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

  11/15/2023 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined on a month-over-month basis in October 2023. ... More

Real Estate & Mortgage News

  11/7/2023 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Experts are anticipating the BoC benchmark interest rate to retreat to 4% by the end of next year ... More

Real Estate & Mortgage News

  9/29/2023 | Posted in Canada Living by Ron Hyde
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Millions of Canadians want to achieve their dream of homeownership, but affordability remains out of reach for many, and changing that will be a slow journey according to RBC. ... More

Real Estate & Mortgage News

  9/1/2023 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada's rate hiking campaign may be coming to an end. ... More

Real Estate & Mortgage News

  8/28/2023 | Posted in Canadian Housing Market by Ron Hyde
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The Bank of Canada's June and July interest rate increases essentially put a stop to the housing market’s recovery, says analyst. ... More

Real Estate & Mortgage News

  8/28/2023 | Posted in Canadian Housing Market by Ron Hyde
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Interest rates and borrowing costs may be surging - but Canadian home prices are continuing to rise at a rapid clip, according to new data. ... More

Real Estate & Mortgage News

  7/14/2023 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged up slightly on a month-over-month basis in June 2023. ... More

Real Estate & Mortgage News

  6/28/2023 | Posted in Canada Living by Ron Hyde
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Inflation cooled on a month-over-month basis in May, but one factor that has been unrelenting in driving the consumer price index higher is mortgage interest costs — and the ... More

Real Estate & Mortgage News

  6/27/2023 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Economists weigh in on the possibilities for the central bank’s policy rate ... More

Real Estate & Mortgage News

  6/16/2023 | Posted in Canadian Housing Market by Ron Hyde
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Canada’s housing market is picking up steam. Both home resales and prices continued to rise at rapid clips in May. And odds are they will climb further in June with more ... More

Real Estate & Mortgage News

  6/15/2023 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up again on a month-over-month basis in May 2023. ... More

Real Estate & Mortgage News
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