5/14/2019 | Posted in Financial Health by Forest Hill Real Estate Signature
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Higher interest rates and a record-large debt burden are taking their toll on Canadians, with the number of households filing for insolvency hitting an eight-year high in the ... More
4/29/2019 | Posted in Canadian Economy and Interest Rates by Forest Hill Real Estate Signature
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Canadians now owe an average of $1.79 for every dollar of disposable income.
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3/6/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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More Canadians are running into serious issues with their mortgage payments according to a new report.
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2/25/2019 | Posted in Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada began raising its key overnight lending rate in July 2017 and it’s now at the highest level in a decade. Accustomed to historically low and even ... More
1/9/2019 | Posted in Financial Health by Forest Hill Real Estate Signature
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It's a worrying sign for an economy that has relied so heavily on consumer spending and the housing market to drive growth.
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