Mortgage Payments
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Interest rates expected to stay higher for longer. What that means for your mortgageBorrowers with fixed rates are expected to see an average payment increase of between 14% and 25% next year compared with early 2022 costs, according to the Bank of CanadaConsumerOct 2, 2023
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1 in 4 homeowners say rising mortgage rates could push them to sell: surveyRising interest rates could push roughly one in four homeowners to a point where they have to sell their homes, according to a new survey.MoneyJun 13, 2022
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Food banks, bills and constant stress: What living in poverty really means in CanadaA survey by the Angus Reid Institute took a deeper look at the challenges faced by Canadians who struggle to make ends meet.CanadaJul 17, 2018
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If you haven’t disclosed your home’s rental suite, you may be breaking the lawIn many cases, illegally operated secondary suites also go unreported to insurance providers.CanadaAug 2, 2017
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How the Bank of Canada’s interest rate hike affects your walletHere's how today's rate announcement could affect your mortgages, credit lines, car loan and credit card payments.MoneyJul 12, 2017
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Mortgage calculator: See how rising interest rates affect your paymentsOur calculator shows how mortgage payments would change under different interest-rate scenariosMoneyJul 12, 2017
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Interest rate hike: Most Canadians would struggle to pay just $130 more a month, survey showsAnd half worry about how declining home prices would affect homeowners.MoneyJul 10, 2017
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Foreclosures in Alberta up about 25% annually for past 2 yearsMore and more Albertans have or are in danger of losing their homes to the bank, according to numbers from the province.ConsumerMay 16, 2017
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Troubled mortgage loans on the rise in Alberta and SaskatchewanCanada Mortgage and Housing Corporation says in its second-quarter report that payments on 1,487 mortgages in Alberta were three months or more overdue as of June 30.MoneyAug 29, 2016
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