23h ago
Home Economics Newsletter: Brokers say homebuyers are turning to alternative lenders, the Fed's aggressive rate hikes set to continue, and a drop in car sales has offset consumer spending
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May 27
5:01Survey shows 55% of homeowners strapped for extra costs
Nearly 40% of Canadian homeowners said they are concerned about their finances, and fewer than half said they could afford more than $200 in increased monthly costs, according to a survey.
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May 24
6:47Interest in mortgages from alternative lenders up as rates rise: Brokers
Canadian homebuyers are increasingly considering credit unions and private lenders to secure mortgages as rates rise, brokers say.
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May 20
Home Economics Newsletter: The financial impact of home equity borrowing, rethinking pandemic subscriptions, and cash hoarding hits 2001 high on stagflation fears
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May 20
5:52Reckoning has begun for borrowers who tap into their home equity
Much of the focus on rising borrowing rates has been on how the added financial burden will affect regular mortgage payments for Canadian homeowners.
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May 20
6:47In Your Debt: How debt-related stress affects body and mind
Being in debt feels like you’re always a step behind. It doesn’t help that debt is spoken about as something that’s your fault — too much online shopping, or too many pricey pitchers of mimosas at brunch.
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May 18
For some travelers, all-inclusive hotels conjure up images of flavorless food served under a heat lamp in lush and vibrant destinations where guests never actually leave the resort grounds. Lower-tier liquor flows freely (the good stuff will cost you more), as the few overindulgers put a damper on the trip. That image is changing.
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May 17
5:32Think of emergency funds as pre-planned spending to better prepare: Advisor
Emergency funds can provide some peace of mind for those handling obstacles big and small that come up in life. They also ensure that you can maintain any progress you're making on financial goals, even if that's just making ends meet and getting paid on time, said Alyssa Davies, author of the new book Financial First Aid: Essential Tools for Confident, Secure Money Management, who lives in Calgary.
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May 13
5:39Home Economics: Getting better gas mileage; Home prices predicted to fall
Home Economics newsletter: A gut-check for your investment portfolio, pay increases and the ‘lifestyle creep’ that can come with them and how to change your driving behaviour to save on gas
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May 12
Gas prices have smashed records in recent weeks as the world grapples with Russia's invasion of Ukraine and demand has soared as the economy reopens.
