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Mortgage signing

Change to address negative amortization mortgages a positive, Fitch says

ACM specializes in pooled Canadian commercial mortgage funds

Household debt burden

Banks and other lenders have been stretching out amortizations to reduce monthly payments

Interest rate uncertain

Recovery will pick up steam in the second half of 2024, the company forecast

wallet and cash

Households to curtail spending amid softer labour markets, easing wage growth

The government is raising the limit on the Canada Mortgage Bonds program to $60 billion

Picking a dollar

Regulator says host touted real estate investment scheme that took US$11 million from investors

If high rates persist, fraudulent activity could accelerate

Outstanding mortgage and credit card balances rise

Mortgage signing

Recent rises in home price index erased some of the earlier correction, Teranet–National Bank report said