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The assisted buyer boom: How gifts, co-signers, and rule changes are reshaping the market

The assisted buyer boom: How gifts, co-signers, and rule changes are reshaping the market

More first-time homebuyers are entering the market—and doing so more quickly—but many are increasingly relying on gifts and other forms of financial assistance.  More first-time homebuyers are entering the market—and doing so more quickly—but many are increasingly relying on gifts and other forms of financial assistance.  Mortgage Rates & Mortgage Broker News in Canada 

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S&P/TSX composite down more than 200 points, U.S. markets fall amid debt worries

S&P/TSX composite down more than 200 points, U.S. markets fall amid debt worries

Canada’s main stock index took its biggest tumble in nearly six weeks on Wednesday, while American markets fell even harder under pressure from rising U.S. Treasury yields amid worries about the U.S. government’s spiralling debt.  Canada’s main stock index took its biggest tumble in nearly six weeks on Wednesday, while American markets fell even harder

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Mortgage digest: More Canadians sidelined from homebuying as recession fears rise

Mortgage digest: More Canadians sidelined from homebuying as recession fears rise

A growing number of Canadians are pressing pause on homebuying plans as economic anxiety deepens, according to BMO’s latest Real Financial Progress Index.  A growing number of Canadians are pressing pause on homebuying plans as economic anxiety deepens, according to BMO’s latest Real Financial Progress Index.  Mortgage Rates & Mortgage Broker News in Canada 

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If spiralling debt has you on the brink, a consumer proposal may be the right move

If spiralling debt has you on the brink, a consumer proposal may be the right move

Getting trapped in a perpetual cycle of debt with seemingly no way out is one of the most stressful situations life can throw at you. For anyone looking for a way forward, experts say a consumer proposal can break the chain without the need for a bankruptcy filing.   Getting trapped in a perpetual cycle of

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Bank of Canada rate path clouded as core inflation heats up despite headline drop

Bank of Canada rate path clouded as core inflation heats up despite headline drop

Headline inflation eased in April, but persistent core pressures are complicating the Bank of Canada’s path to rate cuts.  Headline inflation eased in April, but persistent core pressures are complicating the Bank of Canada’s path to rate cuts.  Mortgage Rates & Mortgage Broker News in Canada 

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In Canada’s housing crisis, are modular homes a cheaper and faster solution?

In Canada’s housing crisis, are modular homes a cheaper and faster solution?

When a church in Toronto’s west end was converted into affordable housing nearly 15 years ago, the group behind the project was already thinking ahead.   When a church in Toronto’s west end was converted into affordable housing nearly 15 years ago, the group behind the project was already thinking ahead.   Mortgage Rates & Mortgage Broker News

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No action against Nova Scotia rent loophole out of fears for housing supply: minister

No action against Nova Scotia rent loophole out of fears for housing supply: minister

The minister responsible for Nova Scotia’s rental property rules says her department won’t crack down on instances of abuse involving fixed-term rent leases because it doesn’t want to affect the housing supply.  The minister responsible for Nova Scotia’s rental property rules says her department won’t crack down on instances of abuse involving fixed-term rent leases

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Oxford warns of Canadian recession, says immigration slowdown and tariffs to blame

Oxford warns of Canadian recession, says immigration slowdown and tariffs to blame

Oxford Economics now sees a Canadian recession as all but certain, citing a mix of global trade shocks, waning business investment and a slowdown in immigration.  Oxford Economics now sees a Canadian recession as all but certain, citing a mix of global trade shocks, waning business investment and a slowdown in immigration.  Mortgage Rates & Mortgage

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Nova Scotia gets $170 million over 10 years after signing housing infrastructure deal

Nova Scotia gets $170 million over 10 years after signing housing infrastructure deal

Nova Scotia’s public works minister says the province is getting $170 million from the federal government to assist with housing infrastructure, after a deal was signed last winter.  Nova Scotia’s public works minister says the province is getting $170 million from the federal government to assist with housing infrastructure, after a deal was signed last

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