The Bank of Canada raised its benchmark interest rate to 0.5 per cent on Wednesday, a move that’s expected to be the first of a series of small rate hikes this year in an attempt to tame inflation that has risen to its highest point in decades. It’s the first time… Read More

Real estate prices across the country have been on a tear with MLS Home Price Index benchmark prices up nationally by 13.9 percent year over year in September, according to the Canadian Real Estate Association (CREA). For those in a position to capitalize, the increase in real estate wealth offers […]

The year is not yet over, but the Canadian Real Estate Association says 2021 was the busiest year ever for Canada’s housing market, with average selling prices climbing too. In the early days of the COVID-19 pandemic, fear and uncertainty slowed the housing market to a crawl. But ever since […]

Many worry that someone could step in and take over ownership of their home, and have ongoing concerns about owing more money than your house is worth. This is due to the interest charged on the money you have borrowed, and there may be fears that if one spouse dies, […]

Real estate prices across the country have been on a tear with MLS Home Price Index benchmark prices up nationally by 13.9 per cent year over year in September, according to the Canadian Real Estate Association (CREA). Vancouver Island, Chilliwack, New Brunswick, Moncton and 17 Ontario real estate boards, including […]

CTV News ~ July 21st, 2022 Amid a series of interest rate hikes implemented by the Bank of Canada over the last few months, some Canadian homeowners may be concerned about whether they’ll be able to keep up with their mortgage payments. Missed mortgage payments, otherwise known as mortgage delinquency, […]