Although Canadians have seen record-low interest rates during the pandemic, the B.C. Real Estate Association said it expects the average five-year fixed rates to return to pre-COVID levels by the quarter four of 2022. The association said their forecast is based on the Bank of...
Cornelius F. Foote JrKenneth Bredemeier
The number of new mortgage loans given to older borrowers has jumped by more than 28%, the latest figures from UK Finance show. A total of 35,840 mortgages were issued to people aged 55 and over in the final quarter of 2024, 28.2% more than the pr...