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Our News - The Lending Line

Recession expected to drive home prices down another 10%: Oxford

Recession expected to drive home prices down another 10%: Oxford In its economic and housing outlook released today, Oxford Economics is forecasting a mild recession by the end of the year will lead to an additional 10% decline in average house prices by early next year.

Recession expected to drive home prices down another 10%: Oxford

Recession expected to drive home prices down another 10%: Oxford In its economic and housing outlook released today, Oxford Economics is forecasting a mild recession by the end of the year will lead to an additional 10% decline in average house prices by early next year.

Half of non-homeowners in Canada losing hope of buying property: MPC survey

Half of non-homeowners in Canada losing hope of buying property: MPC survey Nearly half of non-homeowners in Canada think they’ll never be able to purchase a home, according to new survey results from Mortgage Professionals Canada (MPC).

Half of non-homeowners in Canada losing hope of buying property: MPC survey

Half of non-homeowners in Canada losing hope of buying property: MPC survey Nearly half of non-homeowners in Canada think they’ll never be able to purchase a home, according to new survey results from Mortgage Professionals Canada (MPC).

Co-ownership on the rise: How Canadians are responding to housing affordability challenges

 more Canadians are now turning to co-ownership as a means to combat housing in-affordability. 

Co-ownership on the rise: How Canadians are responding to housing affordability challenges

Co-ownership on the rise: How Canadians are responding to housing affordability challenges more Canadians are now turning to co-ownership as a means to combat housing in-affordability.

Early-stage delinquencies for all credit products are on the rise: Equifax

Early-stage delinquencies for all credit products are on the rise: Equifax Early-stage delinquencies on both mortgage and non-mortgage debt continued to rise in the second quarter, a sign that high interest rates are increasingly weighing on Canadian borrowers.

Early-stage delinquencies for all credit products are on the rise: Equifax

Early-stage delinquencies for all credit products are on the rise: Equifax Early-stage delinquencies on both mortgage and non-mortgage debt continued to rise in the second quarter, a sign that high interest rates are increasingly weighing on Canadian borrowers.

Mortgage interest costs now up over 80% since the start of the BoC’s rate hikes

Mortgage interest costs now up over 80% since the start of the BoC’s rate hikes Canadian mortgage borrowers continued to see their interest costs climb in the second quarter, which have now soared over 80% since the Bank of Canada started raising interest rates.

Mortgage interest costs now up over 80% since the start of the BoC’s rate hikes

Mortgage interest costs now up over 80% since the start of the BoC’s rate hikes Canadian mortgage borrowers continued to see their interest costs climb in the second quarter, which have now soared over 80% since the Bank of Canada started raising interest rates.