Mortgages Archives - Better Dwelling https://betterdwelling.com/tag/mortgages/ Canada’s Fastest Growing Real Estate News Source Fri, 12 Oct 2018 12:54:08 +0000 en-US hourly 1 https://i0.wp.com/betterdwelling.com/wp-content/uploads/2016/07/cropped-better-dwelling-flower-logo.png?fit=32%2C32&ssl=1 Mortgages Archives - Better Dwelling https://betterdwelling.com/tag/mortgages/ 32 32 64691831 This Week’s Top Stories: Credit Cycles and Canadian Real Estate Prices, and Inventory Is Rising In Toronto and Vancouver https://betterdwelling.com/this-weeks-top-stories-credit-cycles-and-canadian-real-estate-prices-and-inventory-is-rising-in-toronto-and-vancouver/ https://betterdwelling.com/this-weeks-top-stories-credit-cycles-and-canadian-real-estate-prices-and-inventory-is-rising-in-toronto-and-vancouver/#comments Sun, 07 Oct 2018 13:30:04 +0000 https://betterdwelling.com/?p=10040 Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Understanding How The Credit Cycle Impacts Canadian Real Estate Prices There’s a lot of debate about the influence of local factors on housing, but they’re all trumped by the credit cycle. We take a quick dive through the credit cycle, […]

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]]> https://betterdwelling.com/this-weeks-top-stories-credit-cycles-and-canadian-real-estate-prices-and-inventory-is-rising-in-toronto-and-vancouver/feed/ 1 10040 Understanding How The Credit Cycle Impacts Canadian Real Estate Prices https://betterdwelling.com/understanding-how-the-credit-cycle-impacts-canadian-real-estate-prices/ https://betterdwelling.com/understanding-how-the-credit-cycle-impacts-canadian-real-estate-prices/#comments Fri, 05 Oct 2018 13:48:07 +0000 https://betterdwelling.com/?p=10031 There’s a lot of factors that impact real estate prices, but they all ultimately depend on liquidity. Liquidity is just a way of saying there needs to be people that want to buy your home, and have enough money to buy it. The money used to come from income and savings, but in the late […]

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]]> https://betterdwelling.com/understanding-how-the-credit-cycle-impacts-canadian-real-estate-prices/feed/ 49 10031 Canadian Mortgage Credit Sees Worst August Since 1995 https://betterdwelling.com/canadian-mortgage-credit-sees-worst-august-since-1995/ https://betterdwelling.com/canadian-mortgage-credit-sees-worst-august-since-1995/#comments Thu, 04 Oct 2018 12:31:05 +0000 https://betterdwelling.com/?p=10020 Canadian residential real estate mortgage credit is falling to levels we haven't seen in years, even with easy access to leverage.

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]]> https://betterdwelling.com/canadian-mortgage-credit-sees-worst-august-since-1995/feed/ 14 10020 This Week’s Top Stories: Canadians Spend The Most To Maintain Mortgages Since 1993, and They’re Flocking To HELOCs https://betterdwelling.com/this-weeks-top-stories-canadians-spend-the-most-to-maintain-mortgages-since-1993-and-theyre-flocking-to-helocs/ Sun, 23 Sep 2018 13:15:03 +0000 https://betterdwelling.com/?p=9949 Time for your weekly cheat sheet on the most important stories of the week. Canadian Real Estate Canadian Real Estate Owners Are Paying The Most To Service Debt Since 1993 Rising interest rates and huge mortgages are eating up household income across Canada. Canadians had a debt service ratio (DSR) of 6.51% in Q2 2018, […]

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]]> 9949 Canadian Real Estate Owners Are Paying The Most To Service Debt Since 1993 https://betterdwelling.com/canadian-real-estate-owners-are-paying-the-most-to-service-debt-since-1993/ https://betterdwelling.com/canadian-real-estate-owners-are-paying-the-most-to-service-debt-since-1993/#comments Fri, 21 Sep 2018 13:53:22 +0000 https://betterdwelling.com/?p=9943 Canadians are starting to feel the impact of their debt-driven spending spree. Statistics Canada (StatsCan) numbers show the debt service ratio reached a multi-month high. In Q2 2018, Canadians spent the most servicing debt since 2008. Mortgage debt was the big news though, as households spend the most since 1993 to stay afloat. Debt Service […]

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]]> https://betterdwelling.com/canadian-real-estate-owners-are-paying-the-most-to-service-debt-since-1993/feed/ 20 9943 Canadians Add An Average of $187,000 Per Minute To The Household Debt Balance https://betterdwelling.com/canadians-add-an-average-of-187000-per-minute-to-the-household-debt-balance/ https://betterdwelling.com/canadians-add-an-average-of-187000-per-minute-to-the-household-debt-balance/#comments Mon, 10 Sep 2018 12:03:32 +0000 https://betterdwelling.com/?p=9869 Canadians are racking up a whack of debt, especially for real estate. That appears to be coming to an end, and fast.

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]]> https://betterdwelling.com/canadians-add-an-average-of-187000-per-minute-to-the-household-debt-balance/feed/ 18 9869 This Week’s Top Stories: Toronto Real Estate Looks Like A Classic Bubble Chart, and Canadian Interest Rate Hikes Are Setting Up For An Economic Slowdown https://betterdwelling.com/this-weeks-top-stories-toronto-real-estate-looks-like-a-classic-bubble-chart-and-canadian-interest-rate-hikes-are-setting-up-for-an-economic-slowdown/ https://betterdwelling.com/this-weeks-top-stories-toronto-real-estate-looks-like-a-classic-bubble-chart-and-canadian-interest-rate-hikes-are-setting-up-for-an-economic-slowdown/#comments Sun, 09 Sep 2018 14:00:13 +0000 https://betterdwelling.com/?p=9866 Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Minor Interest Rate Hikes May Be Setting Up Major Economic Problems The impact of rising interest rates is showing up in Canada’s measure of “cash.” The M1+, a measure of cash-like instruments, increased 3.9% on an annual basis in […]

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]]> https://betterdwelling.com/this-weeks-top-stories-toronto-real-estate-looks-like-a-classic-bubble-chart-and-canadian-interest-rate-hikes-are-setting-up-for-an-economic-slowdown/feed/ 1 9866 Toronto Real Estate Prices Literally Look Like The Textbook Chart For Asset Bubbles https://betterdwelling.com/toronto-real-estate-prices-literally-look-like-the-textbook-chart-for-asset-bubble/ https://betterdwelling.com/toronto-real-estate-prices-literally-look-like-the-textbook-chart-for-asset-bubble/#comments Fri, 07 Sep 2018 14:00:14 +0000 https://betterdwelling.com/?p=9833 No, we won’t call Toronto real estate a bubble today. Usually we shy away from using the B-word entirely. Canadians tend to look at you like you’ve insulted their mother when you say it. Instead we’re going to discuss the phases of a real estate bubble, and let you make a decision for yourself. Understanding […]

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]]> https://betterdwelling.com/toronto-real-estate-prices-literally-look-like-the-textbook-chart-for-asset-bubble/feed/ 50 9833 Canadian Mortgage Credit Growth Grinds To A Halt, Worst Growth In 18 Years https://betterdwelling.com/canadian-mortgage-credit-growth-grinds-to-a-halt-worst-growth-in-18-years/ https://betterdwelling.com/canadian-mortgage-credit-growth-grinds-to-a-halt-worst-growth-in-18-years/#comments Wed, 05 Sep 2018 12:34:03 +0000 https://betterdwelling.com/?p=9807 The Canadian real estate market is slowing down, and it’s hitting mortgages. Bank of Canada (BoC) numbers show mortgage credit grinded to a halt in July. The annual rate of mortgage growth fell to the lowest level in nearly 18 years, and is set up to go lower. Canadians Owe Over $1.52 Trillion In Mortgage […]

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]]> https://betterdwelling.com/canadian-mortgage-credit-growth-grinds-to-a-halt-worst-growth-in-18-years/feed/ 28 9807 Canada’s Minor Interest Rate Hikes May Be Setting Up Major Economic Problems https://betterdwelling.com/canadas-minor-interest-rate-hikes-may-be-setting-up-major-economic-problems/ https://betterdwelling.com/canadas-minor-interest-rate-hikes-may-be-setting-up-major-economic-problems/#comments Tue, 04 Sep 2018 12:27:20 +0000 https://betterdwelling.com/?p=9754 The Bank of Canada's M1+ is seeing growth plummet, as households and businesses adjust to the central bank's interest rate hikes.

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