With mortgage rates back on the rise, two-thirds of Canadians plan to delay their home purchase + MORE Jun 9th
CMHC consumer survey reveals the importance of follow-up contact by mortgage brokers + MORE May 13th
Canadians opting for shorter mortgage terms as they hope for declining interest rates + MORE Jun 15th
Never mind that Canada barely suffered compared to the United States and Europe—Canada’s GDP fell by 3.6% for only three quarters across 2008 and 2009 before recovering, while employment dipped by just 1.8% in the same time frame. Mass uncertainty still swept the air. Home ownership and retirement plans washed away and headlines screamed that there were no more jobs to be had. It seemed the only sensible course of action was to hide out and let it all rumble over. I enrolled in graduate school.
Eventually, the global economy did recover…