TD CEO: We Need Tighter Mortgage Lending Rules

TD CEO: We Need Tighter Mortgage Lending Rules

09.16.2014
TORONTO - TD Bank chief executive Ed Clark says the federal government needs to do more to ensure Canadians aren't taking on more debt...
BMO Starts Another Mortgage War

BMO Starts Another Mortgage War

Linda Nguyen, The Canadian Press  09.10.2014
TORONTO - The Bank of Montreal has slashed its five-year fixed mortgage rate to 2.99 per cent in a move that some real estate experts say...
Recovery Not Yet Good Enough To Really Create Jobs: BoC

Recovery Not Yet Good Enough To Really Create Jobs: BoC

Steve Rennie, The Canadian Press  09. 3.2014
OTTAWA - The Bank of Canada held its trend-setting interest rate at one per cent on Wednesday as it said there needs to be continued growth...
These Canadians Are ‘Particularly Vulnerable' To A Debt Shock

These Canadians Are ‘Particularly Vulnerable' To A Debt Shock

Daniel Tencer  08. 7.2014
The group of people who did the lion’s share of first-time home buying in recent years have racked up far more debt than those who came...
What We Don't Know About Canada's Housing Market Could Sink Us

What We Don't Know About Canada's Housing Market Could Sink Us

Sunny Freeman  08. 7.2014
Is Canada in a major housing bubble? Without crucial data that lenders and government are withholding, it’s practically impossible to...
Here Is When Canadians Expect To Be Mortgage-Free

Here Is When Canadians Expect To Be Mortgage-Free

The Canadian Press  07.21.2014
TORONTO - A new survey says Canadians, on average, expect to be mortgage-free by age 58, one year later than in a similar poll a year ago.But...
Bank Of Canada Hints At Major Change On Interest Rate Policy

Bank Of Canada Hints At Major Change On Interest Rate Policy

Sunny Freeman  07.17.2014
Bank of Canada governor Stephen Poloz says low interest rates may become the “new normal” as Canadians have taken on so much debt that...
Majority Of Canada's Mortgage Lenders Worried About A Bubble: Report

Majority Of Canada's Mortgage Lenders Worried About A Bubble: Report

Sunny Freeman  07. 8.2014
Seven in ten Canadian mortgage lenders are concerned the country’s real estate sector is headed toward an unsustainable bubble that could...
Banking Watchdog Throws Red Flag On Canada's House Prices

Banking Watchdog Throws Red Flag On Canada's House Prices

The Canadian Press  06.26.2014
OTTAWA - Canada's banking regulator is warning of the risks in the housing market from too high home prices and too low mortgage rates.The...
Holy Crap: Mortgage Rate BELOW 2%

Holy Crap: Mortgage Rate BELOW 2%

Romina Maurino, The Canadian Press  05.13.2014
TORONTO - The mortgage market was abuzz Tuesday after Investors Group offered a rate well below the current standard of around three per...
Toronto's Housing Market Passes An Insane Milestone

Toronto's Housing Market Passes An Insane Milestone

Daniel Tencer  04.18.2014
Economists are coming out with warnings that Canada’s real estate juggernaut is about to come to an end (Scotiabank’s Adrienne Warren...
Scotiabank: Canada's Long Housing Boom Is Coming To An End

Scotiabank: Canada's Long Housing Boom Is Coming To An End

Daniel Tencer  04.16.2014
Canada’s long housing boom is coming to an end, and because of the country’s growing reliance on real estate-related jobs, that will...
Uh Oh: BoC Lowers Forecast

Uh Oh: BoC Lowers Forecast

Julian Beltrame, The Canadian Press  04.16.2014
OTTAWA - Bank of Canada governor Stephen Poloz says he has not ruled out a future cut to interest rates despite evidence disinflationary...
Oliver Issues Warning As New Mortgage War Brews

Oliver Issues Warning As New Mortgage War Brews

Julian Beltrame and David Friend, The Canadian Press  03.27.2014
TORONTO — Finance Minister Joe Oliver says he will keep a close eye on the Canadian housing market after the Bank of Montreal pulled...