Canadian youth will start on firmer financial footing than their baby boomer parents, says BMO.
Corinne is 50 and has finally paid off her mortgage. She and her wife Sandra both work in hospitality, and are looking for a new challenge. Their home’s on the shores of Lake Ontario and they plan to transform it into a bed and breakfast. They decide to buy a bungalow further inland to live in. The B&B property is in Corinne’s name.
Could Monica and Rachel of Friends afford to live in their two-bedroom Manhattan apartment?
Despite the latest Bank of Canada call, almost half of Canadians surveyed expect higher rates next year, shows a CIBC survey.
OSFI wants to tighten rules for Canada’s major mortgage insurers.
Scotiabank’s changed its closed residential mortgage rates.
Adjustable-rate mortgages, one of the products that helped precipitate the housing crisis in 2008, are on the rise again, reports the Wall Street Journal.
Home sales should go up this spring, says the Canadian Real Estate Association (CREA). The sales should be further supported over the second half of 2014 by a pick-up in Canadian economic growth.
Zombie homes—houses that are sitting empty and uncared for—make up 20% of those in the foreclosure processes, says RealtyTrac.
Every week, we look at the ABCs of cash flow management.