OSFI mulls new stress test for uninsured mortgages
This coincides with the changes to the qualifying rate for insured home loans announced by Finance Minister Bill Morneau
Spenders more likely to prioritise paying debt than savers
A new study shows how Canadians' financial habits change as they grow old
Winnipeg among the most affordable cities in Canada
Single-detached and semi-detached homes are the popular housing types amongst first-home buyers
This city has the most affordable homes in Canada
The affordability of this city allows first-home buyers to go after single-detached homes
2 in 5 insolvencies in Ontario involve payday loans — study
Payday loans continue to burden borrowers despite recent legislations aimed at easing risks
How does cash back mortgage work?
Just like a credit card, cash back mortgage offers a rebate to qualified borrowers. This could help you finance costs associated with your home purchase, renovate your new abode, or pay off some debts
Where to find the cheapest homes in Ottawa
Despite the price gains in the city, it remains more affordable than most major markets
2 in 3 Canadians already saving up for retirement
They are, however, unsure of how much they would need to retire comfortably