Jessi Sandhu - Your Brampton Real Estate Agent
Mortgage Debt News and Articles | My Blog

BoC 'facing major dilemma' on rate hike timeline: CIBC's Tal

1/18/2022 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

marketing-analysys-104.jpg - Real Estate News The Bank of Canada has some difficult realities to weigh ahead of its Jan. 26 interest rate decision. ... More


RBC calls for "rapid" action on rates

1/12/2022 | Posted in Interest Rates by Jessi Sandhu

market-growth-103.jpg - Real Estate News Bank of Canada needs to take “rapid action” with multiple interest rate increases to bring inflation under control. ... More


Mortgage originations, average balances surge - TransUnion

12/10/2021 | Posted in Mortgages and Real Estate by Jessi Sandhu

mortgage-cloud-44.jpg - Real Estate News Accelerated home price growth is likely to fuel the mortgage market for the foreseeable future, new study says. ... More


Mortgage debt growth far outstripping GDP increases: StatCan

12/8/2021 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

home-piggy-bank-251.jpg - Real Estate News Correction risks continue to mount for Canadian households, analysts say. ... More


Bank of Canada says investor rush into housing risks correction

11/24/2021 | Posted in Canadian Housing Market by Jessi Sandhu

calculator--analysis--reporting-128.jpg - Real Estate News The Bank of Canada is warning a rush of investors into the country’s housing market this year has fueled prices and heightened the risk of a correction. ... More


The pandemic has Canadians paying down non-mortgage debt at fastest pace since 1980s

8/24/2021 | Posted in Financial Health by Jessi Sandhu

debt-payment-463.jpg - Real Estate News Mortgages keep growing, but the last year saw the biggest drop in Canadian credit card debt since at least 1999. ... More


Mortgage debt is rising at its fastest pace in Canada since 2007

8/20/2021 | Posted in Mortgages and Real Estate by Jessi Sandhu

home-buying-financing-concept-261.jpg - Real Estate News Canadians are piling into mortgages at more than double the historical pace as the housing market appears to moderate after a pandemic boom. ... More


Low Rates Helping Borrowers Pay Off Mortgages at Record Pace

6/27/2021 | Posted in Mortgages and Real Estate by Jessi Sandhu

cheque-debt-bills-signature-96.jpg - Real Estate News Low mortgage rates are allowing borrowers to pay off their mortgages faster than ever. ... More


Mortgage surge pushes Canada consumer debt to $2.1 trillion

6/8/2021 | Posted in Mortgages and Real Estate by Jessi Sandhu

mortgage-application-form-247.jpg - Real Estate News A surge in mortgage borrowing is pushing consumer debt loads higher in Canada despite falling credit card use, as households plow more money into their homes while spending less ... More


Mortgage growth eases in February: StatsCan

4/19/2021 | Posted in Mortgages and Real Estate by Jessi Sandhu

mortgage-application-form-247.jpg - Real Estate News The pace of mortgage borrowing continued to slow in February, according to data from Statistics Canada. ... More


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