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18 March 2009
Banks begin to decline federal aid in first sign of recovery

Credit conditions easing, banks no longer struggling to raise funds to make loans TARA PERKINS © The Globe and Mail Tuesday, March 17, 2009 Canadian banks are turning down some of the funding that the government is making available to them, a sign Read More...

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Filed under: Real Estate, Finances, Buyer Information, Canadian interest rates, CMHC, mortgage rates

 

14 March 2008
Home affordability at worst point since 1990: RBC

Housing affordability in Canada ended last year at its lowest level since 1990, Royal Bank said Friday. In its quarterly outlook on the cost of owning a home, the bank said affordability eroded in every quarter of 2007 as house prices rose on the strength Read More...

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Filed under: Real Estate, Market Conditions, Finances, Buyer Information, Royal Bank, affordability, housing