4/8/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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From a personal finance point of view, Toronto real estate makes your head spin. Monthly price increases for resale houses in the city are amazing enough in their own ... More

Real Estate & Mortgage News

  12/14/2016 | Posted in Financial Health by Forest Hill Real Estate Signature
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Canadian household debt hit a record high in the third quarter, as the country’s love affair with low interest rates fuelled another round of heavy borrowing.

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Real Estate & Mortgage News

  11/16/2016 | Posted in Financial Health by Forest Hill Real Estate Signature
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Canadians continued to pile up non-mortgage debt compared with a year ago but delinquency rates remained low, according to credit monitoring agency TransUnion.

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Real Estate & Mortgage News

  10/21/2016 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Canada’s new mortgage rules risk pushing borrowers deep into the shadow lending market, with brokers set to line up secondary loans with private lenders as a means of ... More

Real Estate & Mortgage News

  10/11/2016 | Posted in Mortgage News by Forest Hill Real Estate Signature
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The new mortgage rules being introduced by Ottawa next week are already having a “crippling” impact on non-bank mortgage lenders according to online broker Butler ... More

Real Estate & Mortgage News

  10/4/2016 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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The Liberal government has announced sweeping changes aimed at ensuring Canadians aren’t taking on bigger mortgages than they can afford in an era of historically low ... More

Real Estate & Mortgage News

  3/15/2016 | Posted in Home Owners by Forest Hill Real Estate Signature
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Canadian’s household debt continued its upward trajectory in the fourth quarter of 2015. The latest data from Statistics Canada shows that average debt rose by 1.5 per ... More

Real Estate & Mortgage News

  12/14/2015 | Posted in Financial Health by Forest Hill Real Estate Signature
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Canadian household debt hit a new record in the third quarter, as borrowing rose faster than income. Statistics Canada said Monday the ... More

Real Estate & Mortgage News

  5/22/2015 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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David Wolf of Fidelity Investments says that the Bank of Canada may end up slashing interest rates to zero in the next 6 to 18 months. With oil prices showing more strength and ... More

Real Estate & Mortgage News

  4/23/2015 | Posted in Financial Markets by Forest Hill Real Estate Signature
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Canada’s overheated housing market is starting to feel the effect of Europe’s negative interest rates.

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Real Estate & Mortgage News

  4/14/2015 | Posted in First Time Home Buyers by Forest Hill Real Estate Signature
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Typical first-time Canadian home buyers tend to be childless, university-educated couples in their 30s purchasing detached homes, often with a helping hand from their ... More

Real Estate & Mortgage News

  1/21/2015 | Posted in Mortgage News by Forest Hill Real Estate Signature
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OTTAWA - Bank of Canada governor Stephen Poloz says the economy has been suffering from the effects of an "oil shock," so he prescribed a remedy: an unexpected ... More

Real Estate & Mortgage News