A new report predicts that Canada’s housing market is poised for a collapse and is only waiting for the trigger of rising interest rates expected for later this year — a view that flies in the face of many other forecasts. Capital Economics calculates Canadian home prices could fall by about 25 per cent — [...]
What is the right choice for you? It can be confusing especially in an environment where fixed rates are still at a record all time low and Prime Rates are on the rise. The media creates a frenzy with every movement in Prime, we know it’s going to increase, and we know the Government has to [...]
A report by the Canadian Association of Accredited Mortgage Professionals (CAAMP) shows Canadian mortgage holders acting responsibly and even paying down their debts faster than required. The news was released today as part of CAAMP’s sixth annual State of the Residential Mortgage Market. It suggests that despite carrying a total outstanding mortgage credit load of more than one trillion [...]
Finding a credit card that offers low interest rates, rewards, zero maintenance fees is good thing especially when you use it responsibly. You can establish valuable credit history and it can provide you with purchase protection. All of these are good things, but, there are likely features that these credit cards will offer that you [...]
The credit crunch has made what has always been a daunting task – selling your house fast, that is – into an even greater challenge. No wonder people are now finding unique, creative, and sometimes crazy ways to sell your own home. But the credit crunch has made it hard for buyers as well. Whereas [...]
