Canadians owe C$2.16 trillion-which, as a share of gross domestic product, is the highest debt load in the Group of Seven economies. With the housing market cooling. “The last thing to go is the.
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Average rates for the benchmark 30-year fixed mortgage continued their. of Realtors’ chief economist, said “consumers have expressed the weakest sentiment about home buying, largely due to lack of.
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Consumers Are Super Confident About Housing Mortgage Masters Group A recent survey from the Royal Bank of Canada finds that most consumers feel positively about the residential housing market. According to the poll, 90 percent of Canadians are confident about real estate, and 85 percent feel they are doing at least a good job of paying off their mortgages.
The house was valued at more than $400,000 in 2006, Bloomberg Markets magazine. an analyst at Amherst Securities Group LP in New York. Even though mortgage rates are hovering at a historic low of 3.
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And finally, Berkeley Group closed down 5.4% on the London stock market tonight, amid disappointment that it won’t boost its house-building programme. Other housebuilders also suffered, with Taylor.