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rate hike News

After a hot 2017, Toronto housing market cools off

Toronto - After starting out 2017 on a red-hot streak, Toronto's housing market has screeched to a halt, and it's not because of the weather.

Op-Ed: Another strong jobs report; DJIA up 369.96 points

But today’s jobs report signals that rates won’t stay low for long. And that means higher mortgage rates, higher credit for auto loans and credit cards, and all manner of debt. And it is coming sooner rather than later.

Op-Ed: U.S. sees solid economic, jobs growth

In the US we are starting to see hints of inflation, the labor market has shown steady, solid improvement, and economic growth is up. So, while you might argue against a rate hike from the Fed, really the idea is not particularly controversial.

Op-Ed: Pfizer to buy Allergan in $160 billion deal

Foreclosures and short sales dropped to 6 percent in October, down from 9 percent a year ago, and the lowest level since the National Association of Realtors stared tracking distressed sales in October 2008.
 

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