mortgage affordability | The Epoch Times

Canadian Banks Directed to Prepare for Mortgage Default Risks and ‘Credit Losses’

The chief bank inspector has directed financial institutions to start assessing mortgages that could be at risk for default. Superintendent of Financial Institutions Peter Routledge made the comments in a ...

March 16, 2024BY Chandra Philip

Half of Canadians Consider Owning a Home Through ‘Non-Traditional’ Means—Here’s How

Canadian homebuyers are looking for creative ways to buy a house, including co-buying along with a friend or ...

February 27, 2024BY Chandra Philip

Expected Mortgage Cost Lower for Some Amid Challenging Financial Outlook

The number of households to spend more than 70 percent of income on mortgage payments this year has ...

December 7, 2023BY Evgenia Filimianova

Rising Number of Mortgage Holders Concerned Over Higher Payments: Survey

A rising number of Canadian mortgage holders say they are struggling to make payments as interest rates rise ...

October 24, 2023BY Chandra Philip

American Housing Market Loses $2.3 Trillion of Value

The U.S. housing market lost more than $2 trillion in home value during the second half of 2022 ...

February 24, 2023BY Naveen Athrappully