Would you move from the city to the suburb? Shrinking home affordability is an increasing issue as prices in urban centres push past the $1-million mark.
It’s a financial futureland – as banking moves from the branch to online, lenders find themselves in the tech arms race.
It seems each week, there’s a new headline pointing to what Canadians should fear for their finances. Now, the Bank of Canada has chimed in with new warnings for the housing market, which has again surpassed the price of oil as our greatest economic risk.
Record low mortgage rates are expected to remain through June and July, says RateSupermarket.ca’s expert Mortgage Rate Outlook Panel. Get the full story on what’s to come for fixed and variable mortgage rates this month.
Buying real estate is becoming increasingly tougher for the average Canadian. What can first time and repeat buyers do to increase their chances of homeownership? Get the full story and this week’s top housing headlines.
It’s a tough time of year to be a home buyer – May and June are the most competitive months in the real estate market. Here’s what you need to know.
If you’ve ever signed a contract – for a cell phone, cable package or a bank account – you’ve likely noticed the wording “terms may be subject to change”. They don’t just put that in there for the heck of it – it’s up to you as a consumer to ensure you’re still getting the best service for your buck.
The latest consumer survey from CMHC finds mortgage renewers are the most loyal to their lenders – 86% of them stayed with their bank once they already had their mortgage in place. Check out the survey’s top consumer highlights.