Total household debt was up 4.8 per cent from a year earlier

Topics:  debt   
BING NEWS:
  • Halal mortgage expansion not exclusive to Muslim buyers in Canada
    Canada's 2024 federal budget mentioned exploring halal mortgages, sparking some to claim the home financing plans would offer unfair advantages to Muslim buyers in the tight housing market. This is ...
    04/26/2024 - 8:53 am | View Link
  • Getting the lowest mortgage rates in a high interest rate world
    Mortgage shopping isn’t getting much easier these days. The highly anticipated interest rate cuts so many have been banking on this year keep getting pushed back, while borrowers lost an aggressive ...
    04/18/2024 - 3:11 am | View Link
  • Some fixed mortgage rates are up despite hints of Bank of Canada cuts. Why?
    The Bank of Canada held its benchmark interest rate steady at 5.0 per cent for the sixth straight decision last Wednesday, amid signs that key inflation indicators were heading in the right direction.
    04/15/2024 - 9:15 am | View Link
  • Builder sentiment stays put on the back of elevated mortgage rates
    Elevated mortgage rates, coupled with a stronger-than-expected inflation reading, dampened homebuilder sentiment in April.
    04/15/2024 - 3:56 am | View Link
  • Costly borrowing to spur risky private credit market
    According to the International Monetary Fund (IMF), the heightened cost of borrowing from regulated banks because of high central banks' policy rates could prompt credit migration from traditional ...
    04/10/2024 - 7:06 am | View Link
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