Archives for mortgage

April Newsletter

Ontario’s Top 10 Cities For Real Estate Investments Report Released Latest research forecasts which Ontario cities will outperform the rest of the province’s housing and rental markets, despite recent dramatic value increases. A new report released last month shows Ottawa, our nation’s capital, has the growth, diversity and strength required to lead the province in real estate market performance over the next five-year period. The report – REIN’s top 10 Ontario Cities – helps home-buyers, sellers, developers and investors decide whether now is a good time to buy, or sell, a property in their target city. Studying 36 economic and
Read More

March Newsletter

Higher interest rates won’t ‘break consumers’ backs,’ says CIBC Economists have long been sounding the alarm about the impact that higher interest rates in Canada will have on consumers, who are among the most indebted groups in the world. But a new report from a top Canadian bank says most consumers are in good shape and equipped to face the challenge of higher borrowing costs, because of the way the debt is structured. “Not only are fundamentals strong, but the structure of household debt will shade many borrowers from the full impact of higher rates,” said the report recently released
Read More