Office of the Superintendent of Financial Institutions states higher risk ahead. For consumers, higher borrowing costs create mortgage challenges. Home prices in Canada rose steadily for years with few price corrections, then…
Mortgage Payment Term Shock
People are finding it hard to believe what the several recent interest rate hikes have turned their Variable mortgages into. Peter Routledge, head of Canada’s banking regulator, warned in September that this…
Campaign – Women Become Financially savvy
Campaign launches to help women become more financially savvy The Financial Services Council has launched an industry-wide campaign to help women across Aotearoa grow their financial confidence and wellbeing. The project, It…