COVID-19 takes toll on BC households' finances
Half of all households in the province experienced income reduction due to the outbreak, study shows
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The interest rates Canadians are currently paying are still higher than five years ago
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Deferral requests are rising amid COVID-19
Big banks are offering a repayment holiday for up to six months to struggling borrowers
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BoC slashes rate yet again
The BoC will also launch two programs to further stimulate the economy amid the COVID-19 outbreak
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1 in 3 worried about mortgage payments
Canadians affected by layoffs and mass shutdowns worry the most
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1 in 5 Ontarians cash-strapped as incomes shrink
Some households are already behind on bill payments
Read moreLenders to receive added support
This will help ensure continued lending to Canadian consumers and businesses
Read moreCMHC assures assistance for borrowers amid COVID-19
Lenders will prioritise struggling borrowers
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Not sure which type of mortgage best fits your needs?
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Expert Advice
Self-Employed? What you need to know to get a great mortgage
Mortgages for the self-employed can be tricky, but not impossible.
Read moreDe-mystifying mortgage penalties
Know what mortgage penalties await if you break your mortgage.
Read moreInvesting in the Ontario Real Estate Market
Ontario is still hot -- don't let the opportunity pass you by.
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