Airbnb asks for regulations from Liberals Airbnb, one of the largest short-term rental websites in the world asks Trudeau Liberals for a regulatory regime for its service. It should be noted that many critics have been demanding it as well. In its budget proposal to the...

More and more borrowers forced to renew with the same lender The latest report by a Canada Mortgage and Housing Corporation (CMHC) shows that the number of mortgage renewals in Toronto with borrowers changing their lenders was down sharply last year compared to 2016. Tania Bourassa-Ochoa,...

Average home price in July showed a 1% annual increase The recent report by the Canadian Real Estate Association (CREA) shows that July was the first month in 2018 supporting the annual prices growth, as the influence of stricter mortgage rules introduced this year has...

Variable or Fixed? What to chose today If your mortgage is up for renewal this year? According to CIBC, almost half of all current mortgages will need a renewal this year in Canada. More tension to this issue is coming from a new stress test...

Canadians react to interest rate hikes without pessimism It looks like higher interest rates don’t worsen the situation for consumers. At least, so far. According to the recent poll by Nanos Research, 53% Canadians say growing borrowing costs haven’t affected their personal spending negatively. About 43%...