It hasn’t exactly been a good-news month; January has brought about higher mortgage rates, growing economic uncertainty, and a lagging loonie. Feeling like your personal finances have been put on ice? You’re not alone – a recent survey finds Canadians feel overall less optimistic about their money this year, while a 2015 mortgage study calls for a cooler market in 2016.
New Year, New Rate Trends
New-year home buyers may face a tougher sell this month, as several mortgage lenders have hiked rates for their fixed and variable loans. Could more be on the way – and could a Bank of Canada rate cut further shake up the economy? Read on for our expert panels’ full January forecast.
Read Penelope’s Blog | New Year, New Rate Trends
The Top Reasons For Not Buying a Home
The majority of Canadians still feel real estate is a solid investment, according to an annual housing market study from Mortgage Professionals Canada. But some would-be buyers aren’t yet ready to take the plunge. From rising rates to a lack of employment, here are the top causes for housing market anxiety in Canada.
Read Rubina’s Blog | The Top Reasons For Not Buying a Home
Canadians Are Less Optimistic About Their 2016 Finances
Are you feeling less cheery about your cash? You’re not alone – Canadians are 5% more pessimistic about their personal finances this year, finds a CIBC study. Worries over debt repayment were cited as the top concern over the bank account blues. Read on to learn more about your debt reducing options, and turn your wallet’s frown upside-down.
Read Barry’s Blog | Canadians Are Less Optimistic About Their 2016 Finances
Personal Finance: 12 Months to Being Debt Free – January
Have debt you just can’t seem to pay down? Check out our 12 Months to Being Debt Free series! January kicks off with prepping your pay-off plan. Read on to learn more.
Read Amanda’s Blog | 12 Months to Being Debt Free – January
Mortgages: Canada’s $4-Million Homes: A Growing Market
High home prices aren’t stopping buyers – new reports find luxury real estate is the fastest growing segment of the Canadian housing market. Read on for our market-by-market breakdown.
Read Allan’s Blog | $4-Million Homes: A Growing Market
Insurance: Rideshare Coverage to Come to Canada
New rideshare insurance will soon be available for Uber drivers in Canada, as Aviva unveils new coverage aimed at part-time drivers. Will it protect you as a passenger?
Read Gordon’s Blog | Rideshare Coverage to Come to Canada