11/3/2022 | Posted in Canadian Economy and Interest Rates by Michael Antczak
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The Bank of Canada is almost done with its current series of rate hikes, but consumers should brace for higher borrowing costs before the end, according to central bank governor ... More

Real Estate & Mortgage News

  10/14/2022 | Posted in Canada Living by Michael Antczak
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Many economists say a mild recession is on the cards as they look ahead to 2023. ... More

Real Estate & Mortgage News

  9/7/2022 | Posted in Canada Living by Michael Antczak
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Overall consumer debt hit a new record high in the second quarter and some people may be overwhelmed by inflation. ... More

Real Estate & Mortgage News

  4/21/2020 | Posted in Canadian Economy and Housing Market by Michael Antczak
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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 Michael Antczak
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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 Michael Antczak
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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 Michael Antczak
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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 Michael Antczak
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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 Michael Antczak
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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