Trouble in ‘mortgage land’ as higher borrowing rates weigh and refinancings dry up
Financial Post via Yahoo Finance· 1 year agoCanada’s housing market has been on a roll for years, but the Bank of Canada’s aggressive path of...
In a climate of elevated mortgage rates, here are some reasons to feel lucky | Home Front
Herald-Tribune via Yahoo Finance· 4 months agoThe current 30-year rate is 6.96%, far beyond the desired level yet well below the average for the...
Posthaste: The risk of forced home sales is rising in Canada, warns economist
Financial Post via Yahoo Finance· 1 month agoA chill has settled over Canada’s housing market and the big fear of any downturn is that heavily...
More Canadians turning to reverse mortgages amid savings crunch
Yahoo Finance Canada· 11 months agoHomeEquity Bank says reverse mortgage originations topped $1 billion in 2022 for the second year in...
This chart shows why millennials, the biggest generation in American history, will keep housing...
Fortune via Yahoo Finance· 4 weeks agoDespite mortgage rates that have more than doubled and sky-high prices, the housing market just...
A 30-Year Trap: The Problem With America’s Weird Mortgages
The New York Times via Yahoo News· 3 weeks agoBuying a home was hard before the pandemic. Somehow, it keeps getting harder. Prices, already...
Berkshire Hathaway Finance Corporation -- Moody’s rates Berkshire Hathaway Finance Corp’s senior...
Moody's via Yahoo Finance· 2 years agoRating Action: Moody’s rates Berkshire Hathaway Finance Corp’s senior notes Aa2, assigns shelf...
Classic RMBS Trust, Mortgage Pass Through Notes, Series 2022-1 -- Moody's assigns definitive ratings...
Moody's via Yahoo Finance· 2 years agoRating Action: Moody's assigns definitive ratings to two classes of Canadian RMBS notes issued by Classic RMBS TrustGlobal Credit Research - 23 Feb 2022Toronto, February 23, 2022 -- Moody's ...
Analysis-Safe as houses? Rising rates test foundations of property boom
Reuters via Yahoo Finance· 2 years agoIn Toronto’s far-flung suburbs, just a few months ago a typical three-bedroom house would have...
Posthaste: Canadians walk financial tightrope as consumer debt hits record $2.3 trillion
Financial Post via Yahoo Finance· 6 months agoCanadians owe a record amount of debt, according to consumer credit reporting company TransUnion of...
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