Mortgage Rates Are At The Lowest They’ve Been In 2 Years: Ratehub
byThinking about getting a mortgage or renewing? There’s good news for you. Rates for a five-year fixed mortgage have dropped to their lowest levels…
Personal Finance
Raptors NBA Finals Tickets Cost More Than Average Rent In Toronto
byFandom for the Toronto Raptors isn’t dying down anytime soon. After the team earned the title of Eastern Conference champions, ticket demand for Game…
Toronto Isn’t The Most Expensive Canadian City For Rent After All: Report
byToronto might have ranked No. 1 for highest rent in Canada for five months straight, but new data shows it might not be the…
More Homeowners Lured Away From Big Cities Due To Low House Prices
byLiving in a big city can get pretty pricey, especially when it comes to housing. That’s why more first-time homeowners are choosing to move…
CMHC Stands By Mortgage Stress Test Despite Calls To Soften Rules
byThe CEO of Canada Mortgage and Housing Corporation is standing by the mortgage stress test, despite claims the rules are too strict for prospective…
Number Of Households Filing For Insolvency Hits 8-Year High
byNew data from the Office of the Superintendent of Bankruptcy (OSB) confirms just how bad Canadian household debt is getting. In March, the number…
The Top Reason Canadians Take Out A Personal Loan Might Surprise You
byThe majority of Canadians have taken out a personal loan to finance big-ticket items and expenses. While this fact isn’t surprising to anyone, the…
Everything You Need To Know About Home Equity
byOwning a home comes with a number of obvious perks. For starters, you’ll own your own property — a valuable asset that you can…
Only 10 Per Cent Of Toronto’s Top Earners Can Afford A Home In The City
byIf your lifelong dream is to become a homeowner, you might want to consider moving away from Toronto or Vancouver. The two Canadian cities…
Bank Of Canada Holds Interest Rates For 4th-Straight Announcement
byThe Bank of Canada is maintaining its 1.75 per cent interest rate, just as economists had expected. The announcement was made on Wednesday and did…