8/9/2022 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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A massive rate jump at the central bank’s meeting next month is a near certainty, economists say ... More

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  8/8/2022 | Posted in Canadian Economy and Housing Market by Ron Hyde
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Expand the Bank of Canada mandate, for starters ... More

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  7/12/2022 | Posted in Canadian Housing Market Predictions by Ron Hyde
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CMHC revises down home price forecast over next two years to adjust for interest rate spike. ... More

Real Estate & Mortgage News

  6/17/2022 | Posted in Mortgages and Real Estate by Ron Hyde
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Experts say extending the amortization period for your mortgage could keep your monthly payments in check even as you face higher interest rates, but caution that doing so comes ... More

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  6/15/2022 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022. ... More

Real Estate & Mortgage News

  6/14/2022 | Posted in Interest Rates by Ron Hyde
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Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising. ... More

Real Estate & Mortgage News

  6/14/2022 | Posted in Canadian Economy and Housing Market by Ron Hyde
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Statistics Canada says the amount Canadians owe relative to their income pulled back in the first quarter from the record level set in the fourth quarter of 2021 as incomes grew ... More

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  5/3/2020 | Posted in Canada Living by Ron Hyde
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Canada is officially in a recession that's been caused by the COVID-19 pandemic, the C.D. Howe Institute's Business Cycle Council declared Friday. ... More

Real Estate & Mortgage News

  4/21/2020 | Posted in Canadian Economy and Housing Market by Ron Hyde
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More

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  3/19/2020 | Posted in Community by Ron Hyde
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Happy First Day of Spring Everyone! ... More

Real Estate & Mortgage News

  3/18/2020 | Posted in Canada Living by Ron Hyde
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The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak. ... More

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  3/16/2020 | Posted in Canada Living by Ron Hyde
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Prime Minister Justin Trudeau has announced the federal government will close its borders to most people who are not Canadian citizens or permanent residents as part of its ... More

Real Estate & Mortgage News

  2/27/2020 | Posted in Canada Living by Ron Hyde
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In 2018, the median after-tax income of Canadian families and unattached individuals was $61,400. ... More

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  2/13/2020 | Posted in Rental Market by Ron Hyde
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The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001. ... More

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  12/18/2019 | Posted in Canada Living by Ron Hyde
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There will be growth for the Canadian economy in the next two years as the country avoids recession. ... More

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