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Keyword: Mortgages

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Representation of household debt

Annual mortgage debt growth slowest since 2011, StatsCan says

The facade of the Royal Exchange in the City of London

Fuel prices were the biggest driver behind the drop

Mortgage signing

By January of this year, variable-rate mortgages had fallen to 16.7% of new and renewed mortgages, while 1-5 year fixed-rate mortgages constituted 64%

Daydreaming young couple at home

Here's a by-the-numbers look at payment amounts

Facade of bank of england

Central bank says British households face higher debt burdens but banks are in better position to help than they were 15 years ago

  • By: Pan Pylas
  • July 12, 2023 July 12, 2023
  • 12:06
House placed on coins Men's hand is planning savings money of coins to buy a home concept concept for property ladder, mortgage and real estate investment. for saving or investment for a house,

Regulator says proposals should encourage banks to reduce the number of mortgages that would go into negative amortization

Daydreaming young couple at home

The FCAC said it would monitor financial institutions' level of compliance with the new expectations

men rolling heavy balls up ramp and stairs

Poorer households hit harder by economic and financial conditions

Businessman calculating and checking articles of agreemen

At RBC, one-quarter of customers use points for mortgage, credit card payments

home ownership

Rating agency revises forecast for housing market in Canada, among others