Karen Boies

Mortgage Planner

  • Late payments set to rise on Canadian Credit Cards?!

    Canadian delinquency rates, which have been declining since the last recession, will probably reverse and begin to climb by the end of 2018 as the central bank presses ahead with interest rate increases, according to the country’s largest credit reporting firm. Regina Malina, senior director of analytics at Equifax Canada, predicts late payments on the

  • B.C.’s biggest hubs for globally-owned real estate

    VANCOUVER—New data released by Statistics Canada shows where B.C.’s biggest hubs of “transnational” real estate marketplaces are located, with the resort municipalities of Sun Peaks and Whistler and the University of British Columbia Endowment Lands showing the highest rates of non-resident ownership. The data also indicates how much real estate is held by corporations rather

  • The Latest in Mortgage News – House Prices Under the Microscope @CanadianMortgageTrends

    For homebuyers and homeowners alike, all eyes have been on the housing market in recent months waiting to see where house prices are eventually headed. With house prices already cooling on average across the country, particularly in and around the Greater Toronto Area, some are speculating that the chill in the market could continue well