
renters


StatCan latest wealth survey shows stark disparity between homeowners, renters
Statistics Canada’s latest financial security survey shows a stark disparity between the wealth of homeowners and renters, even as it fails to capture the true scale what’s owned by Canada’s richest families.

Mortgage Digest: Prospective homebuyers waiting for sub-3% BoC rate before acting, survey shows
A bi-weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

Mortgage Digest: Bond yields fall to 2-year lows, more rate cuts to follow
A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

Latest in mortgage news: OSFI head applauds lenders’ efforts to shorten amortization lengths
OSFI says it is encouraged by the progress Canadian lenders have made in reducing amortization lengths of the mortgages within their portfolios.

Renters have harder time accumulating wealth than homeowners: RBC economist
Renters face daunting barriers in their attempts to build wealth as they’re forced to devote an increasing share of their income to keeping a roof over their head, said an RBC report out Thursday.
