12/11/2020 | Posted in Financial Health by Vanguard Realty
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Canadian households owed an average of $1.71 for every dollar of disposable income in the third quarter, Statistics Canada said on Friday. ... More
11/18/2020 | Posted in Financial Health by Vanguard Realty
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The COVID-19 pandemic has pushed Canadians to accumulate the largest amount of cash ever recorded. ... More
11/3/2020 | Posted in Canada Living by Vanguard Realty
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Canadian consumers are running out of cash, according to TransUnion. ... More
10/13/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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Approximately 11% of Canadian borrowers have not returned to a regular payment schedule. ... More
10/8/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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As payment deferrals begin to expire, Canada’s outstanding mortgage credit is now exhibiting slower growth. ... More
10/3/2020 | Posted in Canadian Housing Market by Vanguard Realty
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The strength of the Canadian real estate market has proven itself time and again during the pandemic ... More
9/15/2020 | Posted in Financial Health by Vanguard Realty
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But more challenging times could be on their way. ... More
8/30/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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Canada’s total balance of mortgage payment deferrals stood at over $247 billion as of the end of the second quarter, according to data from TransUnion. ... More
8/17/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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Mortgage insurers are not signalling enthusiasm towards the extension of six-month payment deferrals, according to an analysis by The Financial Post. ... More
8/12/2020 | Posted in Canadian Economy and Housing Market by Vanguard Realty
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The head of Canada’s housing authority implored the nation’s lenders to “reconsider” offering mortgages to highly leveraged households, saying excessive ... More
7/9/2020 | Posted in Financial Health by Vanguard Realty
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Canadian household debt has shown relatively muted increases despite growth in the mortgage segment, according to data from the central bank. ... More
7/6/2020 | Posted in Financial Health by Vanguard Realty
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Data from the Office of the Superintendent of Bankruptcy Canada (OSB) revealed that federal fiscal support and payment deferrals are helping households retain their purchasing ... More
6/13/2020 | Posted in Financial Health by Vanguard Realty
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The ratio of debt to disposable income peaked in 2017 at 178 per cent but it is currently just shy of that level. ... More
5/30/2020 | Posted in Canadian Economy by Vanguard Realty
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The Canadian economy took a historic dive in March as the country imposed lockdown measures to curb the spread of COVID-19 – and worse results are expected for April. ... More
4/21/2020 | Posted in Canadian Economy and Housing Market by Vanguard Realty
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More
12/16/2019 | Posted in Financial Health by Vanguard Realty
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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
12/3/2019 | Posted in Canada Living by Vanguard Realty
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Contribution room accumulates beginning in the year in which a person turns 18 ... More
10/30/2019 | Posted in Interest Rates by Vanguard Realty
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The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%. ... More
9/19/2019 | Posted in Canadian Economy and Housing Market by Vanguard Realty
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The average Canadian household was worth less in 2018 than in the previous year. ... More