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Daryn Young, Mortgage Broker
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Oxford Economics, an international research firm, says Canada has one of the “riskiest” economies for households in the world right now as the household debt-to GPD ratio has grown by about 7 percentage points in the past five years alone.. http://ow.ly/lRnX30npse6
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It wasn’t so long ago that there was hardly any doubt that Canadians would be seeing higher mortgage rates this year. Now not all experts agree. http://ow.ly/HUu130nlVaQ
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The average Canadian home sold in December cost $472,000, a figure that declined by almost five per cent in 2018. http://ow.ly/7fz130nk9br
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Activity is markedly down in a number of Canada’s major housing markets, but new condo sales in a handful of cities tracked by real estate consultancy Altus Group are actually surging. http://ow.ly/h3r230ngE8S
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The world’s largest money manager expects the Bank of Canada to hit the brakes on policy tightening in 2019. http://ow.ly/2ONN30neIAK
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Expert answers to 9 common homebuyer questions about closing costs http://ow.ly/NNK030nbcQf
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Happy New Year!
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Happy Holidays
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