Apparently as many as 2/3 Canadians have converted to a new religion known as “Bubbleology”. To the faithful Bubbleologists, Housing Bubble is the mighty Devil and his coming is imminent. Because certain unscrupulous profiteers have provoked the wrath of the Lord. However, Housing Bubble is no Armageddon, it’s not the end of the world yet. It’s just that there […]
Is this a trick to get people to rush in to buy a home ?
Banks threatens mortgage rate will go up (so that people will buy a home quickly) as a trick to fulfill their mortgage quota (shortfall) ? I won’t be surprised. Banks did just that a few years ago … Probably more than once and the interest never ever go up, only down (until today). First-time home […]
Royal Bank hikes mortgage rates & non-mortgage debt shows biggest quarterly decline
Did you know, even a house is so charred like this one, the roof caved in over the porch […] A strong wind could knock this place down … Still worth a million dollars house in Canada? Royal Bank nudges mortgage rates higher: 5-year rate hiked to 3.29% Canada’s largest lender has raised its residential […]