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Six questions you should ask before adding more debt
2011-10-04 | 09:20:00
ROMA LUCIWCatherine and her husband tapped into their first home equity line of credit 15 years ago, when they needed $30,000 to buy a car.The rate on the line of credit was attractive and, having been mortgage-free for a decade, the Thornhill couple...read moreMortgages in Canada: Debt Crisis Could Keep Mortgage Rates Low
2011-08-08 | 17:08:53
By Rachel MendelsonIf the mortgage meltdown that nearly laid waste to the global economy a few years ago taught us anything, it's that you should never base your decision to buy a home on cheap rates.But if you have to get a mortgage, there may...read moreBoC Rate Cut? Huh?
2011-08-08 | 17:04:57
Money market traders are now placing odds at 60% that the Bank of Canada will cut its key lending rate by May 2012. Yes, you read that right.That’s according to the latest implied overnight index swap (OIS) rates,...read moreWhy Canadian mortgage rates are on a roller coaster
2011-07-20 | 14:11:40
If there’s one question being kicked around the barbecue more than any other this summer, it’s probably this: should I lock in my variable-rate mortgage? But with interest rates bouncing around, to the point where they make a...read moreHousing correction coming: Sharp or slow?
2011-07-15 | 12:13:29
The Canadian housing market is due for a correction, but it will likely be a slow decline rather than a sharp drop, says a report from the Canadian Imperial Bank of Commerce.“While house prices are likely to adjust as interest rates eventually...read moreSix signs it's time to buy a house
2011-07-04 | 09:20:55
If you’ve been considering buying a house but you’re still unsure, consider some of the personal and economic conditions that favour home purchases. If you find that a number of these signs ring true for you, it may be time to...read morenext »