xhamster porno

I Would Like to be Contacted

First name:
Last name:

Validation code:
   * All fields are mandatory

Contact Information

2180 Steeles Avenue West,
Suite 204, Concord,
ON, L4K 2Z5

Phone:     905-761-7001
Toll Free: 1855-761-7001
Fax:          905-761-7005

Email: mortgageadvisor@rogers.com

16 January 2019

Half of Canadians with HELOCs don’t know how they work

During the previous 15 years, home equity lines of credit (HELOCs) have become one of the main drivers of growing non-mortgage debt for Canadians, but a new poll shows many of them don’t fully understand how HELOCs work.

According to the report by the Financial Consumer Agency of Canada (FCAC), more than three million Canadians have a HELOC today, and the average balance is $65,000. Moreover, almost a quarter of HELOC holders have a balance exceeding $150,000.

Nevertheless, 25% of respondents make only interest monthly payments.

From June 5-28, Ipsos conducted the online poll of 4,800 Canadians on behalf FCAC. Most of the respondents are homeowners.

As you know, HELOCs are revolving credit products offered against the equity in a home. Financial institutions can lend you up to 65% of your property value, and such products are offered as a default credit option to anyone who has home equity.

According to the survey, 54% of homeowners had a mortgage and 35% of them held a HELOC.

15 January 2019

Average home price fell by 4.9% annually in December

The average cost of a Canadian property fell by almost 5% on a year-over-year basis and reached $472,000 last month.

According to the Canadian Real Estate Association (CREA), sales were also down to the lowest annual pace since 2012.

As a rule, December is not highly active in terms of home sales, but this time the situation was even worse than in 2017, as at that point buyers hurried to make a purchase before the new mortgage stress test was introduced in January 2018.

Last month, home sales fell by 19% from December 2017.

14 January 2019

Canada and other major global economies are showing slower growth

The Organization for Economic Co-Operation and Development (OECD) released its new report today, showing a much gloomier forecast than almost a year ago both for Canada and other major world economies.

"In case of the United States and Germany, the first signs of slower growth, reported in the previous report, have been confirmed," – OECD says. “The growth pace is slowing in Canada, the United Kingdom and the euro area, including France and Italy."

The OECD's indicator tends to predict turning points in the economy six to nine months before they appear.

<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 9 of 668


22 February 2019

Home prices growth in Canada may remain moderate during the next two years The recent Reuters survey of analysts shows that once hot real estate mark...Read more >>

21 February 2019

Political leaders offer more measures on improving housing affordability NDP Leader Jagmeet Singh explained how his party could improve hou...Read more >>

20 February 2019

Should we expect a rate hike from the central bank in March? With today’s economic challenges – weak real estate market, difficulties with oil and tr...Read more >>
Licence# 10349

7676 Woobine Avenue Suite 300 Markham, ON L3R 2N2
2180 Steeles Avenue West, Suite 204, Concord Ontario L4K 2Z5
© 2010 Michael Tulchenetskiy & Denys Derzhavets Mortgage Brokers. All Rights Reserved