Canada Mortgage Hub

The alarming decline of housing affordability

The alarming decline of housing affordability

The question of whether Canada's housing market is a bubble or not hinges on how affordable it is to buy a home. Gulp. Rising home prices and mortgage rates suggest trouble ahead, but that's only half the problem. Bubble or not, houses are being priced …
See all stories on this topic

The typical bankrupt Canadian: A 43-year-old man owing $61000, not counting …

If you are male and entering middle age with a fair chunk of non-mortgage debt then bankruptcy might be just around the corner. According to research by trustee firm Hoyes, Michalos & Associates into 7,000 insolvency filings, the typical bankrupt …
See all stories on this topic

Home sales bounce back, but a rate test lies ahead

… share pain from new mortgage rules · Business Briefing Bank of Canada still sees signs of overbuilding, 'stretched' housing values. Canada's banking regulator is eyeing changes to the rules governing high-down-payment mortgages. The Globe and Mail …
See all stories on this topic

Leave a Reply