Those who owe more than 65% of the loan value will have to pay a portion toward the loan principal
Incomes grew faster than debt in the first quarter
A Manulife survey also found that two-thirds of Canadians don't view homeownership as affordable
Revenues were generally strong but earnings differed based on loan-loss reserves, Fitch said
Credit card debt rises for second straight month, outpacing mortgage growth
Australia is most exposed to higher rates, a Fitch report said, while Canada ranked fourth
Housing costs are a growing worry, BMO index finds
Average credit card spending for the period was higher than ever
‘Grim’ outlook for buyers as higher interest rates will add to costs
The regulator said it's essential that lenders test borrowers to ensure that they can pay their debts