Variable rates impact, Financial wellness, Mortgage pro's huge mistake, Bidding wars, More

What does the Bank of Canada statement mean for variable rates?

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31 January 2022

Top news What does the Bank of Canada statement mean for variable rates? The announcement was good news for variable rate holders on the surface – but changes are coming, warns expert Housing costs have big impact on financial wellbeing: report A new study shows a correlation between high housing costs and low financial wellness "I initially thought I had made a huge mistake" How one mortgage professional turned his fortunes around Owning multiple properties in Canada – how it's growing in prominence The phenomenon has intensified during the pandemic RBC on the state of home-buyer competition this year The supply situation will have a major influence on these market dynamics, RBC says New housing projects to arise in Halifax Nearly 100 newly built homes will augment the market's housing supply International news Lumber prices 2022 – soaring and adding to housing market woes Supply chain issues, logging practices and a beetle among the culprits Consumer lender completes massive Westpac deal It also records massive loan growth FMA releases annual report The agency also welcomes a new chief executive

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