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Real Estate & Mortgage News

Household debt at a record high, senior mortgages increase

  5/23/2019 | Posted in Financial Health by Forest Hill Real Estate Signature
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Canadian households continued to pile up debt in the fourth quarter of 2018 according to a new report from CMHC.

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CMHC, Household Debt, Mortgage Consumers, Mortgages & Real Estate, NonMortgage Debt, Personal Finance
Real Estate & Mortgage News

Delinquency rates hold steady even as credit market grows

  5/23/2019 | Posted in Financial Health by Forest Hill Real Estate Signature
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The Canadian credit market has grown but it appears that consumers are generally managing their debt well.

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Canadian Credit Market, Household Debt, Interest Rates, Mortgage Consumers, Mortgage Delinquency, NonMortgage Debt
Real Estate & Mortgage News

IMF urges Canada not to change policy despite calls to ease mortgage stress test

  5/22/2019 | Posted in Canadian Economy and Housing Market by Forest Hill Real Estate Signature
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Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More

Canada Real Estate, Canadian Housing Market, Canadian Real Estate Market Outlook, Economic Growth, Home Buyers, IMF, Mortgages & Real Estate, Stress Test

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