3/5/2024 | Posted in Financial Health by Vanguard Realty
SHARE
Equifax Canada says consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023.
... More
2/6/2024 | Posted in Financial Health by Vanguard Realty
SHARE
Further analysis of the latest Canadian insolvency stats reveal some revealing elements that typically connect those whose finances have got too much for them.
... More
6/15/2023 | Posted in Financial Health by Vanguard Realty
SHARE
Canadians' mortgage borrowing has reached its lowest level since 2003, primarily due to the impact of higher interest rates, according to recent data released by Statistics ... More
6/14/2023 | Posted in Canadian Economy and Interest Rates by Vanguard Realty
SHARE
Hawkish monetary policy and inflation posing headwinds for borrowers, latest figures suggest
... More
1/28/2020 | Posted in Financial Health by Vanguard Realty
SHARE
Despite a decelerating pace of borrowing, Canadian seniors still pushed the nation’s reverse mortgage debt balance towards yet another ... More
1/2/2020 | Posted in Canada Living by Vanguard Realty
SHARE
Most Canadians held back from increasing their debt burden in 2019 and 1 in 5 say debt repayment is their top financial priority for 2020.
... More
12/31/2019 | Posted in Canadian Economy and Interest Rates by Vanguard Realty
SHARE
TD economists says the cost of servicing debts should ease early in 2020
... More
12/16/2019 | Posted in Financial Health by Vanguard Realty
SHARE
Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more.
... More
9/14/2019 | Posted in Financial Health by Vanguard Realty
SHARE
Household income grew slightly faster than debt in the second quarter as the amount Canadians owe relative to their income edged down for the third quarter in a row.
... More
6/17/2019 | Posted in Mortgages and Real Estate by Vanguard Realty
SHARE
The Canadian mortgage market continues to suffer from the impact of lower home sales in major markets as the stress tests weaken homebuyers’ abilities.
... More
5/29/2019 | Posted in Interest Rates by Vanguard Realty
SHARE
The Bank of Canada today maintained its target for the overnight rate.
... More
5/27/2019 | Posted in Interest Rates by Vanguard Realty
SHARE
The Bank of Canada will make its May interest rate decision Wednesday but it’s unlikely there will be a change according to a panel of experts.
... More
5/23/2019 | Posted in Financial Health by Vanguard Realty
SHARE
Canadian households continued to pile up debt in the fourth quarter of 2018 according to a new report from CMHC.
... More
5/23/2019 | Posted in Financial Health by Vanguard Realty
SHARE
The Canadian credit market has grown but it appears that consumers are generally managing their debt well.
... More
5/14/2019 | Posted in Financial Health by Vanguard Realty
SHARE
Higher interest rates and a record-large debt burden are taking their toll on Canadians, with the number of households filing for insolvency hitting an eight-year high in the ... More
4/29/2019 | Posted in Canadian Economy and Interest Rates by Vanguard Realty
SHARE
Canadians now owe an average of $1.79 for every dollar of disposable income.
... More
4/24/2019 | Posted in Interest Rates by Vanguard Realty
SHARE
Bank of Canada keeps rates steady, cuts language about future hikes.
... More
4/22/2019 | Posted in Financial Health by Vanguard Realty
SHARE
Sign of deteriorating financial stability for many people in the country.
... More
4/2/2019 | Posted in Canadian Economy and Interest Rates by Vanguard Realty
SHARE
Poloz's optimism Monday about the future could ease speculation the central bank could lower rates.
... More
3/15/2019 | Posted in Interest Rates by Vanguard Realty
SHARE
The Bank of Canada will likely hold off raising interest rates through all of 2020, and could even cut rates later this year, according to TD Securities’ senior rates ... More
3/14/2019 | Posted in Mortgages and Real Estate by Vanguard Realty
SHARE
Canada’s household debt levels will force around 1 in 5 people with debt to sell assets to stay above water.
... More
3/6/2019 | Posted in Mortgages and Real Estate by Vanguard Realty
SHARE
More Canadians are running into serious issues with their mortgage payments according to a new report.
... More
2/25/2019 | Posted in Interest Rates by Vanguard Realty
SHARE
The Bank of Canada began raising its key overnight lending rate in July 2017 and it’s now at the highest level in a decade. Accustomed to historically low and even ... More
2/20/2019 | Posted in Ontario News by Vanguard Realty
SHARE
A recent report reveals desperate measures of indebted consumers in Ontario.
... More
1/22/2019 | Posted in Financial Health by Vanguard Realty
SHARE
An increasing number of Canadians say they are concerned about their debts and are edging towards insolvency.
... More
1/16/2019 | Posted in Interest Rates by Vanguard Realty
SHARE
What the Bank of Canada's decision to hold its key rate means for borrowers and savers.
... More
1/9/2019 | Posted in Financial Health by Vanguard Realty
SHARE
It's a worrying sign for an economy that has relied so heavily on consumer spending and the housing market to drive growth.
... More
12/17/2018 | Posted in Canadian Economy and Housing Market by Vanguard Realty
SHARE
The prospect of interest rate hikes is particularly daunting for residents of Toronto and Vancouver—two cities with debt levels well above the national average.
... More
12/7/2018 | Posted in Canadian Economy and Housing Market by Vanguard Realty
SHARE
Rising interest rates and new mortgage rules have finally forced an end to years of rapid lending, according to the latest data from Bank of Canada.
... More
11/2/2018 | Posted in Canadian Economy and Housing Market by Vanguard Realty
SHARE
The benchmark rate set by the central bank is called the overnight rate and it’s now at 1.75 per cent, up from 0.5 per cent in the summer of 2017.
... More
Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and we'll get back to you promptly.