Robert McLister: Little action on national leaderboard as lenders await market direction Economics
A report by TD Bank suggests mortgage renewals are expected to strain Canadian households, but most borrowers will manage albeit with less financial flexibility. The report by economist Maria Solovieva says households who locked in their mortgage for five years in 2020 during the pandemic when interest rates were low are now renewing at much […] Events
A study from the City of Ottawa suggest that thousands of homeowners in the city are at risk of becoming homeless due to soaring mortgage rates and costs. Economics
Robert McLister: A jobs slowdown south of the border would have rapid repercussions in Canada Other
Robert McLister: Not one mortgage rate budged this week on the national lenders leaderboard Economics
While mortgage rates remained largely unchanged, rising home prices mean you’d have to spend more money on your monthly mortgage payments depending on where you live. Economics
Robert McLister: Oil spikes only become a real headache if war-fuelled inflation drags on for more than a matter of months Events
Robert McLister: If you’re banking on a big break in floating rates, maybe don’t bet the variable-rate farm just yet Society
Robert McLister: It's an anomaly for a 10-year fixed to save someone more than a shorter term would — rarer than a balanced federal budget Events
