Mortgage Blog

Canada's Mortgage Experts

Bank of Canada Opens Door to Rate Cut on Persistent Slowdown

Bank of Canada Opens Door to Rate Cut on Persistent Slowdown

January 23, 2020 | Posted by: Aaron Baxandall

Erik Hertzberg and Theophilos Argitis Bloomberg January 22, 2020   (Bloomberg) -- Stephen Poloz, one of the few central bankers to resist the global push toward easier monetary policy last year ...

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What to expect for the housing market in 2020

What to expect for the housing market in 2020

January 17, 2020 | Posted by: Aaron Baxandall

Jessy Bains Yahoo Finance Canada December 31, 2019   It's shaping up to be a pretty strong year ahead for Canada's real estate market.  In a new report, Zoocasa expects strong moment ...

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Reverse mortgage business is booming in Canada as seniors tap home equity to pay debts

Reverse mortgage business is booming in Canada as seniors tap home equity to pay debts

January 16, 2020 | Posted by: Aaron Baxandall

Canada's largest reverse mortgage lender posted record originations last year Barbara Shecter Updated: January 14, 2020 Canada's largest reverse mortgage lender posted record originations last year ...

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Canadian economy added 35,200 jobs in December, unemployment rate falls

Canadian economy added 35,200 jobs in December, unemployment rate falls

January 13, 2020 | Posted by: Aaron Baxandall

Full-time employment rose by 38,400 jobs, while the number of part-time jobs fell by 3,200 Craig Wong  Canadian Press January 10, 2020 The Canadian job market bounced back in December to post a ...

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Pattie Lovett-Reid: Kick your 2020 financial plan into gear

Pattie Lovett-Reid: Kick your 2020 financial plan into gear

January 8, 2020 | Posted by: Aaron Baxandall

By Pattie Lovett-Reid 1.  New year, new plan. By now, you should know your net worth. Set some financial goals with a dollar amount next to it. It is really that simple. I don't care h ...

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BC, Ontario to start off the next decade with strong growth

BC, Ontario to start off the next decade with strong growth

January 7, 2020 | Posted by: Aaron Baxandall

by Ephraim Vecina 02 Jan 2020   The best market growth in 2020 will be observed in the perennial housing hotspots of British Columbia and Ontario, according to a new analysis by real ...

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More than a third of Canadians have no retirement savings, half live paycheque to paycheque, poll finds

More than a third of Canadians have no retirement savings, half live paycheque to paycheque, poll finds

December 19, 2019 | Posted by: Aaron Baxandall

A third of people can't afford to pay off their credit card Colin McClelland September 30, 2019 More than half of Canadians live paycheque to paycheque and more than a third have no retirement savi ...

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The Canadian housing market's strength has policymakers a little bit worried

The Canadian housing market's strength has policymakers a little bit worried

December 11, 2019 | Posted by: Aaron Baxandall

  Sean MacKay Nov 29, 2019 If you were paying attention to Canadian housing market headlines early in 2019, you probably started the year feeling pessimistic about market prospects looking ahea ...

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Millennials are facing all the risk and none of the reward in today's financial realities

Millennials are facing all the risk and none of the reward in today's financial realities

December 3, 2019 | Posted by: Aaron Baxandall

Millennials are facing all the risk and none of the reward in today's financial realities Take home ownership, for example, 35 years ago a home cost 3.4 times a family income; today its almost 9 time ...

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Canada's economy faces a prolonged period of sluggish growth

Canada's economy faces a prolonged period of sluggish growth

December 2, 2019 | Posted by: Aaron Baxandall

Erik Hertzberg, Bloomberg News Capital inflows into Canada still elevated despite dipping in third quarter Canada's economy is shifting into a lower gear as some of the country's growth drivers ...

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