Tuesday, 8 May 2012

Time is running out to buy your dream home in the U.S.


If you’re thinking of buying property in the United States, buy now because prices won’t stay in the basement much longer, says a BMO economist.

Monday, 7 May 2012

Canadian Banks Among Strongest In The World, Bloomberg Markets Survey Finds


Canada’s banks may have needed massive financial aid during the banking crisis of 2008, but they’ve recovered nicely -- or at least better than many banks elsewhere,according to a survey from Bloomberg Markets.

Thursday, 3 May 2012

Australia the most ‘obvious’ bubble in 30 years


As far as bubbles go, they don’t get more obvious than Australia, according to one economist and noted bear.

Wednesday, 2 May 2012

Why smaller down payments can lead to better mortgage rates



Consumers with less than 20% down must get mortgage default insurance in Canada if they are borrowing from a federally regulated bank.

Tuesday, 1 May 2012

Banks got $114B from governments during recession


Canada's biggest banks accepted tens of billions in government funds during the recession, according to a report released today by the Canadian Centre for Policy Alternatives.