Weekly Mortgage Digest: Canadians putting the brakes on spending Mortgage October 12, 2024 As economic pressures mount, Canadians are pulling back on spending, a trend highlighted in the latest RBC Consumer Spending Tracker.…
Weekly Mortgage Digest: 84% of young Canadians prioritize homeownership despite affordability challenges Mortgage October 11, 2024 Despite rising affordability challenges, the majority of young Canadians still view homeownership as a valuable investment, according to a recent…
Weekly Mortgage Digest: CMHC halts dividend payments to boost rental housing Mortgage October 10, 2024 The Canada Mortgage and Housing Corporation (CMHC) has suspended its dividend payments to the federal government, redirecting funds to address…
Mortgage Digest: 50% odds of a 50-bps October rate cut, experts say Mortgage October 7, 2024 Markets are increasingly betting on the Bank of Canada delivering a 50-basis point rate cut during its October 23 policy…