Mortgages Spotlight: The 2013 CMHC Housing Observer was released this week, and reveals consumers have much to save by negotiating their mortgage rates.
Mortgages Spotlight: Potential central bank rate cuts are the topic du jour, as several countries release their rate announcements this week. However, such a move is likely to be a last resort in Canada, despite flagging inflation.
Mortgages Spotlight: The IMF challenges whether CMHC should cover mortgage defaults in Canada, and predicts strong economic growth next year.
Bank of Canada Governor Stephen Poloz has expressed confidence that the Canadian housing market is on track to balanced territory despite contradicting reports of overvaluation and an inevitable rate rise.