Mortgage News & Events


Vancouver's high-end home sales stay hot

09-10-2014 02:09
VANCOUVER -- Metro Vancouver's hot housing market is scorching when it comes to high-end sales.

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Inflation data detached from the real world

09-03-2014 12:09
Recently, I pulled into a parking lot in downtown Toronto. Not long ago, it cost ten dollars, flat rate, on Saturday nights. Now it’s fifteen.

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ECB faces tough choices as European economy grinds to a halt

08-19-2014 09:08
Europe's foundering economy sprung new leaks Thursday, turning up the heat on the European Central Bank to deliver a quantitative-easing lifeline.

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CMHC raises outlook for housing prices

08-14-2014 09:08
orecasters are hiking their expectations for Canada's housing market amid signs low mortgage rates are energizing sales, construction and prices.

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All in the family: Parental strategies in a red-hot housing market

08-13-2014 10:08
In Canada's extremely expensive real estate sector, maybe what adult children need is a sweetheart deal from Mom and Dad

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Two numbers that are holding back a Fed rate hike

08-13-2014 09:08
The work of the professional Fed watcher has become more complicated of late. It used to be as easy as keeping an eye on inflation and the unemployment rate. But the Fed’s leaders have made clear they don’t fully trust those dials right how. They have upgraded to a dashboard worthy of this Big Data era.

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Household wealth hits new high

08-12-2014 02:08
Average net worth is up nearly 8 per cent from 2013 in large part due to real estate prices

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Data to answer if June high was a dream for housing market

08-12-2014 02:08
The Canadian Real Estate Association is set to release existing homes sales data for July on Friday and economists will be watching closely to see whether the momentum the market has shown in recent months will persist.

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Testing the Bank of Canada's neutral stand

07-23-2014 08:07
WASHINGTON -- The Bank of Canada says it's just going with the flow: If economic data in the months ahead get stronger than currently expected, it will ready for higher interest rates; if economic conditions unexpectedly worsen, the central bank says it is prepared to cut its benchmark interest rate from its already ultra-low setting of 1 per cent.

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China's rich look abroad as home prices fall, others stay put

07-21-2014 05:07
Rattled by falling home prices, some of the wealthiest Chinese are paring their property investments and turning to private equity or overseas holiday homes...

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