Top Stories

This Week’s Top Stories: Canadian Seniors Rack Up Billions In Reverse Mortgage Debt, While Young People Experience More Inflation

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Seniors Now Owe Over $3.88 Billion In Reverse Mortgage Debt Reverse mortgage debt reached a new record high in Canada, but the rate of growth continues to slow. The balance outstanding was $3.88 billion in September, up 26.43% from last […]

Top Stories

This Week’s Top Stories: Canadians Pile Into Mortgage Debt, As Government Declares Toronto Is No Longer “Overvalued”

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s National Housing Agency Thinks Toronto Is No Longer Overvalued Canada’s national housing agency thinks Toronto real estate is now equally risky to most places. The CMHC downgraded Toronto risk to “moderate,” from the high rating it held prior. The […]