Mortgage

Household debt at a high, risks lurk beneath stable arrears

Household debt inched up to another record high in the first quarter even though nonmortgage-related debt drifted lower with a seasonal decrease in...

Most Home Sellers Are Also Home Buyers: Why That’s a Problem Today

They say most home sellers are also home buyers.In other words, they aren’t just selling their property and disappearing into thin air.Nor are...

Borrowers shift to variable rates as renewal pressures begin to ease: CMHC

CMHC says borrowers are increasingly turning to variable-rate and shorter-term mortgages as renewal pressures begin to ease and insured lending rebounds.

Funding to build or buy SFR hits market as debate rages

The creation of new homes, and for whom they are being built for, is a hot button topic in Washington today. Processing ContentOn Monday...

Mortgage Rates Doing What They Do Best in May: Rise

Welp, the month of May is fully in swing and mortgage rates are doing what they normally do; go up!Despite spring being peak...