Blog

U-Haul ranking indicates growth in Chatham

Published on Mon, 20 Jan 2020 16:23:44 +0000

U-Haul has named Chatham its No. 10 growth city in Canada after arrivals of one-way trucks to the city rose in 2019. By: Tom Morrison U-Haul has named Chatham its No. 10 growth city in Canada after arrivals of one-way trucks to the city rose in 2019. There was a two per cent increase in arrivals last year, while departures ... Read More

The post U-Haul ranking indicates growth in Chatham appeared first on Mortgage Talk Canada.

Read more
5 ways the housing market will surprise us all in 2020

Published on Tue, 14 Jan 2020 15:18:38 +0000

By: Sanjiv Das In my three decades in the financial markets, I’ve come to expect the unexpected. With the new year upon us, I’m sharing five predictions for the U.S. housing market that counter conventional wisdom. These ideas may not necessarily come to pass, but I’ll explain how they could materialize. Thinking about these outcomes aren’t just theoretical but can ... Read More

The post 5 ways the housing market will surprise us all in 2020 appeared first on Mortgage Talk Canada.

Read more
Developers answer the call for housing outside downtown core

Published on Mon, 06 Jan 2020 14:42:02 +0000

by Kimberly Greene Housing affordability is a significant conversation that is taking place across the country, especially in high-density, urban cities. Even as the risk profile for Toronto and Vancouver housing markets have come down to “moderate” levels, the fact remains that the demand hasn’t gone away, and that means that prices are remaining out of reach for many people. British ... Read More

The post Developers answer the call for housing outside downtown core appeared first on Mortgage Talk Canada.

Read more
10 Tips to Help You Recover from Holiday Debt

Published on Wed, 01 Jan 2020 12:13:27 +0000

our credit report acts as your financial references when you apply for new credit. Whether you’re trying to build credit for the first time or want to re-build your credit standing, the only way to build a strong credit history is to use credit wisely. Following are 10 tried and true tips to Live Credit Smart: 1. Assess your overall ... Read More

The post 10 Tips to Help You Recover from Holiday Debt appeared first on Mortgage Talk Canada.

Read more
Lifting the veil on the new Canada-Ontario Housing Benefit

Published on Mon, 23 Dec 2019 12:08:44 +0000

by Kimberly Greene Yesterday, the federal and provincial governments announced the Canada-Ontario Housing Benefit, a joint venture that will provide direct support to Ontarians in housing need. More details have emerged on the program, namely who will be served as well as how the funds will be distributed. “It is the first direct support for rental housing in generations,” said the ... Read More

The post Lifting the veil on the new Canada-Ontario Housing Benefit appeared first on Mortgage Talk Canada.

Read more
Prime Minister Urges Review of Stress Test

Published on Mon, 16 Dec 2019 16:18:41 +0000

by Kimberly Greene Minister of Finance Bill Morneau was urged to reconsider the borrower stress test in a Ministerial Mandate letter from Prime Minister Justin Trudeau. The prime minister reiterated Morneau’s commitment to four key principles for the implementation of the government’s fiscal plan: reducing the government’s debt; preserving Canada’s AAA credit rating; investing in people and things that give ... Read More

The post Prime Minister Urges Review of Stress Test appeared first on Mortgage Talk Canada.

Read more
Are homebuyers benefiting from the Supreme Court decision on open housing data?

Published on Mon, 09 Dec 2019 14:45:20 +0000

By: Ian Bickis The Canadian Press TORONTO — When Chris Pollard wanted to list his Toronto condo, he decided to try a private sale in his neighbourhood first. And thanks to a Supreme Court decision last year against the Toronto Real Estate Board, he and his wife were able to look up how much similar units had sold for in the area ... Read More

The post Are homebuyers benefiting from the Supreme Court decision on open housing data? appeared first on Mortgage Talk Canada.

Read more
Canadian housing costs have more than tripled since the ’80s

Published on Mon, 02 Dec 2019 15:42:11 +0000

by Ephraim Vecina The cost of Canadian housing – which also covers water and utilities – shot up by more than 208.68% in the decades since 1980, according to Statistics Canada. The latest edition of the agency’s consumer price index also found that rent had a 144.2% increase during this period, while owner costs (inclusive of carrying costs) went up by ... Read More

The post Canadian housing costs have more than tripled since the ’80s appeared first on Mortgage Talk Canada.

Read more
The Bank of Canada Can’t Ignore the Lofty Loonie for Much Longer

Published on Tue, 26 Nov 2019 15:14:26 +0000

by David Larock Source According to the Chinese Zodiac, 2019 is the Year of the Pig, but history may better remember it as the Year of the Falling Interest Rate. Today, approximately one-quarter of the global bond market trades at a negative yield. (When a bond has a negative yield, it means that investors will end up with less than ... Read More

The post The Bank of Canada Can’t Ignore the Lofty Loonie for Much Longer appeared first on Mortgage Talk Canada.

Read more
Why 4 websites give you 4 different credit scores — and none is the number most lenders actually see

Published on Tue, 19 Nov 2019 16:29:00 +0000

By: Jenny Cowley, Jeannie Stiglic, Asha Tomlinson · CBC News Whether through ads or our own experiences dealing with banks and other lenders, Canadians are frequently reminded of the power of a single number, a credit score, in determining their financial options. That slightly mysterious number can determine whether you’re able to secure a loan and how much extra it will cost to pay ... Read More

The post Why 4 websites give you 4 different credit scores — and none is the number most lenders actually see appeared first on Mortgage Talk Canada.

Read more
Canadian Farm News
Supporting right to repair

By Diego FlamminiStaff WriterFarms.com A U.S. farm organization hopes to further discussions about giving producers the right to repair their equip