12 Feb

Four mortgage trends to watch in 2016

General

Posted by: Kristina Crosbie

Four mortgage trends to watch in 2016

Four mortgage trends to watch in 2016

Mortgage rates weren’t supposed to make record lows in 2015, not if you asked economists and the Bank of Canada two years ago. But they did. And despite all the chatter about the first U.S. rate hike since 2006, Canadian rates could do it again in 2016.

But interest rates won’t be all that’s changing in the coming 12 months. Here are four mortgage trends you need to watch in 2016.

Read more from Globe & Mail.

12 Feb

Does this US stat hold same for Canadians? 94% of renters under the age of 34 have a strong desire to own a home.

General

Posted by: Kristina Crosbie

Does this US stat hold same for Canadians? 94% of renters under the age of 34 have a strong desire to own a home

Does this US stat hold same for Canadians? 94% of renters under the age of 34 have a strong desire to own a home.

They may not be buying property just yet, but an overwhelming majority of young renters in America have aspirations of home ownership, a National Association of Realtors (NAR) study suggests.

Ninety-four percent of renters aged 34 or younger polled by NAR for its quarterly Housing Opportunities and Market Experience survey say they would like to buy a home sooner or later.

Read more from Buzz Buzz Home.