LMFAO.
Rbc just released their updated Cdn housing affordability chart.
Its the highest reading ever recorded -- 60% income to ownership costs, Canada-wide.
#cdnpoli#tore
From our family to yours, wishing you a very Merry Christmas & Happy Holidays!
Also since she’s not the most cooperative/photogenic in group photos, introducing the newest member of the family, Kylie. https://t.co/Trep61egtQ
Bank of Canada says 13% of all mortgages outstanding have essentially become interest only loans. This weeks Loonie Hour. @IceCapGlobal@RichardDias_CFA https://t.co/6u0zi0sZPb
Home Capital borrowers could face up to an $1190 increase in their monthly mortgage payments over the next 12 months as ~66% of its borrowers will need to renew their mortgage within 12 months. - Per National Bank
Most banks still haven’t provided clear guidance on how they plan to work these. I’m told RBC will add $2 measly dollars to your principal payment. Others will be less accommodating.
It was recently brought to my attention that I was unknowingly nominated & awarded the gold award by @oakvillebeaver’s Readers’ Choice for 2021. Thank you so much to whoever put my name forth! https://t.co/riVw7IigO9