Housing bubble

Could cheap auto loans cause a bubble?

Some auto companies in Canada are offering eight-year interest free loans, and this is causing a spike in car sales, reports the Globe and Mail. But because these cars are being purchased on credit, this news is cause for concern, says General Motors Canada president Kevin Williams. In fact, it’s comparable to the spike in […]

October 9, 2013

1 min read

Industry

More regulatory trouble for JPMorgan

The Financial Times reports JPMorgan Chase is in the hot seat for mortgage-backed securities it sold Fannie Mae and Freddie Mac pre-crisis.

By Staff |August 28, 2013

1 min read

Economic Indicators

Fewer Americans applying for mortgages, refinancing

Mortgage applications have decreased for two straight weeks, finds the U.S. Mortgage Bankers Association.

By Staff |August 21, 2013

1 min read

Industry

Even the rich can’t afford Vancouver homes

Even though home prices dropped slightly in the second quarter of 2013, the average price of a property still remains above the $1-million mark.

July 16, 2013

1 min read

Investors eye property in Spain

Sareb, a Spanish “bad bank,” is attempting to woo international investors by selling distressed homes in the Andalucia and Valencia areas, reports ft.com. And it may be working — the news has attracted interest from private equity buyers. The deal is expected to raise €200m for Sareb, says ft.com, and could be the start of […]

June 3, 2013

1 min read

UK mortgage scheme could drive up home prices

Officials from Britain’s Office for Budget Responsibility say a newly announced mortgage guarantee scheme risks driving up home prices, reports ft.com. The Help to Buy scheme was proposed as part of last week’s Budget. Its goal is to decrease the shortage in housing, and increase the supply of low-deposit mortgages for creditworthy borrowers. Read more. […]

March 27, 2013

1 min read

Fewer Canadians will buy homes: RBC

Four-in-10 Canadians (40%) planning to enter the housing market over the next two years will be first-time homebuyers, finds an RBC poll. The rest are taking a wait-and-see approach, with 15% likely to buy in the next two years, down from 27% last year. This is the biggest year-over-year drop. Read: Say goodbye to mortgage […]

By Staff |March 26, 2013

3 min read

Housing bubble

Could cheap auto loans cause a bubble?

More regulatory trouble for JPMorgan

Fewer Americans applying for mortgages, refinancing

Even the rich can’t afford Vancouver homes

Banks will survive housing crash

Housing bubble won’t burst, say experts

Canada vulnerable to global risks

Investors eye property in Spain

UK mortgage scheme could drive up home prices

Fewer Canadians will buy homes: RBC