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US and Canadian housing markets replete with puzzles

US and Canadian housing markets replete with puzzles

U.S. and Canadian housing markets replete with puzzles … Will Canadian mortgage holders be able to keep up their payments when yields rise?
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BoC Rate Guidance: Use with Care

Take a homeowner with a $300,000 variable mortgage at prime – 0.50, … crystal ball (even the Bank of Canada's), is seldom more than gambling.
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Canadians' Appetite for Debt Continued in Third Quarter

Put another way, that means Canadians owed 1.64 Canadian dollars for every dollar earned. The increase was due largely to mortgage debt they built up in …
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