6/17/2022 | Posted in Mortgages and Real Estate by Eileen Farrow
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Experts say extending the amortization period for your mortgage could keep your monthly payments in check even as you face higher interest rates, but caution that doing so ... More

6/15/2022 | Posted in Canadian Housing Market by Eileen Farrow
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022.
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6/14/2022 | Posted in Interest Rates by Eileen Farrow
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Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising.
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6/14/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The likely deceleration of the housing market would be a welcome effect, Macklem says
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6/14/2022 | Posted in Canadian Economy and Housing Market by Eileen Farrow
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Statistics Canada says the amount Canadians owe relative to their income pulled back in the first quarter from the record level set in the fourth quarter of 2021 as incomes ... More

5/3/2020 | Posted in Canada Living by Eileen Farrow
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Canada is officially in a recession that's been caused by the COVID-19 pandemic, the C.D. Howe Institute's Business Cycle Council declared Friday.
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4/21/2020 | Posted in Canadian Economy and Housing Market by Eileen Farrow
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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 ... More

3/18/2020 | Posted in Canada Living by Eileen Farrow
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The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak.
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3/16/2020 | Posted in Canada Living by Eileen Farrow
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Prime Minister Justin Trudeau has announced the federal government will close its borders to most people who are not Canadian citizens or permanent residents as part of its ... More

2/27/2020 | Posted in Canada Living by Eileen Farrow
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In 2018, the median after-tax income of Canadian families and unattached individuals was $61,400.
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2/13/2020 | Posted in Rental Market by Eileen Farrow
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The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001.
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12/31/2019 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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TD economists says the cost of servicing debts should ease early in 2020
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12/18/2019 | Posted in Canada Living by Eileen Farrow
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There will be growth for the Canadian economy in the next two years as the country avoids recession.
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