Buy now to get an unheard-of rate for a 10-year mortgage: Vancouver Real Estate January 2012
There’s a brilliant reason to get into our expensive and quite possibly weakening housing market right now.
Tagged: Interest Rates
DéjàVu in November Housing Market
Low mortgage interest rates remain a key driver in the housing market, helping to maintain affordability and purchasing power
Housing correction? Maybe – but not a major decline
It is no secret that Bank of Canada governor Mark Carney is concerned about a potential decline in home prices. However, cycles of declining home prices are far from unusual in Canada.
Household debt to outpace income
When interest rates rise, 10 per cent of Canadian households could be in financial trouble, according to a TD Economics study.
Home sales, prices up in September
Housing sales rose in September for a second straight month while average prices reversed the falling trend with a 1.9% increase from August, the Canadian Real Estate Association said Friday.