As we look at what is in store for us for 2022, we have a few fun things to share! From the Pantone of the Year to help you spruce up your home to housing market predictions and tips for improving your financial direction, let’s make 2022 your best year yet! […]
It’s easy to forget the power of leverage. With $100,000 of income, a creditworthy borrower can now qualify for almost three times the mortgage they did in the early 1980s. Decades of falling interest rates and expanding credit availability have made that possible, while acting as a giant lever for home […]
Overall consumer debt now stands at $2.15 trillion High mortgage growth and low interest rates have resulted in greater uptake for home equity lines of credit (HELOC) — which could be problematic, warns Equifax Canada. The credit monitoring company’s most recent consumer trend report found new HELOC volume increased by 56.7% […]
Financial stress can be debilitating. Take steps to regain control of your money, cope better, and get help with debt. Here’s how.