6/29/2022 | Posted in Canadian HELOC by Sam Cuda & Nancy Cuda
  SHARE

Home equity lines of credit (HELOCs) were a common way for Canadian homeowners to tap into their home’s equity during the long run of low interest rates and rapidly rising ... More

Real Estate & Mortgage News

  6/26/2022 | Posted in Interest Rates by Sam Cuda & Nancy Cuda
  SHARE

The possibility of a full-percentage point interest rate hike from the Bank of Canada at its July meeting is now firmly on the table following the latest inflation data for May, ... More

Real Estate & Mortgage News

  6/14/2022 | Posted in Canadian Economy and Interest Rates by Sam Cuda & Nancy Cuda
  SHARE

The likely deceleration of the housing market would be a welcome effect, Macklem says ... More

Real Estate & Mortgage News

  6/14/2022 | Posted in Canadian Economy and Housing Market by Sam Cuda & Nancy Cuda
  SHARE

Statistics Canada says the amount Canadians owe relative to their income pulled back in the first quarter from the record level set in the fourth quarter of 2021 as incomes grew ... More

Real Estate & Mortgage News

  6/13/2022 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
  SHARE

Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada. ... More

Real Estate & Mortgage News

  1/28/2020 | Posted in Financial Health by Sam Cuda & Nancy Cuda
  SHARE

Despite a decelerating pace of borrowing, Canadian seniors still pushed the nation’s reverse mortgage debt balance towards yet another ... More

Real Estate & Mortgage News

  1/2/2020 | Posted in Canada Living by Sam Cuda & Nancy Cuda
  SHARE

Most Canadians held back from increasing their debt burden in 2019 and 1 in 5 say debt repayment is their top financial priority for 2020. ... More

Real Estate & Mortgage News

  12/16/2019 | Posted in Financial Health by Sam Cuda & Nancy Cuda
  SHARE

Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more. ... More

Real Estate & Mortgage News

  9/19/2019 | Posted in Canadian Economy and Housing Market by Sam Cuda & Nancy Cuda
  SHARE

The average Canadian household was worth less in 2018 than in the previous year. ... More

Real Estate & Mortgage News

  9/14/2019 | Posted in Financial Health by Sam Cuda & Nancy Cuda
  SHARE

Household income grew slightly faster than debt in the second quarter as the amount Canadians owe relative to their income edged down for the third quarter in a row. ... More

Real Estate & Mortgage News

  9/4/2019 | Posted in Interest Rates by Sam Cuda & Nancy Cuda
  SHARE

The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. ... More

Real Estate & Mortgage News

  8/20/2019 | Posted in Interest Rates by Sam Cuda & Nancy Cuda
  SHARE

A slowing economy and growing trade tensions suggest a cut will happen more quickly than currently accounted for, Macquarie economist says. ... More

Real Estate & Mortgage News

  8/2/2019 | Posted in Financial Health by Sam Cuda & Nancy Cuda
  SHARE

The average Canadian household paid nearly $40,000 in taxes last year, more than the combined cost of clothing, food and shelter, according to a new report. ... More

Real Estate & Mortgage News
Ask Sam Cuda & Nancy Cuda

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and we'll get back to you promptly.

Security Question: 4 + 7 =