by Justin da Rosa | 16 Dec 2015 The Federal Reserve announced its benchmark rate target Wednesday afternoon and, as expected, raised the target for its benchmark rate. “Given the economic outlook, and recognizing the time it takes for policy actions to affect future...

by Justin da Rosa | 11 Dec 2015 New down payment rules will go into effective February 15, 2016. “The Government’s role in housing is to set and maintain a framework that is equitable, stable and sustainable. The actions taken today prudently address emerging vulnerabilities...

Rob Carrick The Globe and Mail Published Thursday, Sep. 24, 2015 7:06PM EDT This one’s for the housing true believers out there. You’re the buyers who keep pushing house prices higher in cities such as Vancouver, Toronto and Hamilton. Incomes are edging higher in these cities, prices...

October 20, 2015  Robert McLister  The Liberals’ new majority gives them all the power they need to influence Canada’s mortgage market. Interest rates, mortgage policy and affordable housing initiatives will all be affected. Here’s some of what the mortgage market...

By Randall Palmer and Leah Schnurr The Bank of Canada kept its key interest rate at 0.5 percent on Wednesday, declaring its previous two rate cuts were still stimulating an economy that is benefiting from solid household spending and a firm U.S. recovery. It posted the important...

MoneySense Romana King Buying a house or investment property? We often hear how important it is to get pre-approved for your mortgage amount: It helps us understand our maximum house-price, the down-payment required and the monthly payments we’ll need to make once we purchase the property....

Rob Carrick The Globe and Mail Published Sunday, Jun. 28, 2015 6:07PM EDT If George Orwell had written a dystopian novel about Canada’s housing market, it might have been called 1981. That was the year mortgage rates reached levels that now seem like a plot of some...

JANET McFARLAND The Globe and Mail The vast majority of Canadians are saving enough for retirement to ensure a standard of living similar to their preretirement lifestyle, according to a new large-scale survey of household finances. A financial survey of 12,000 households by consulting firm McKinsey &...