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News Wrap | Scott Dawson
(778) 668-9320 [email protected]

Canada won’t fall victim to foreclosure wave
Canada’s housing market won’t fall victim to the type of foreclosure wave the United States saw, according to a new report by debt-rating firm DBRS Ltd. Read more

The pros and cons of hybrid mortgages
Last week in Home Cents, I quoted an RBC survey that found hybrid or combination mortgages are gaining in popularity among Canadians. Several readers wrote asking for more information about this mortgage product. Some also warned that it carries potential pitfalls for borrowers. Given the rising interest surrounding these kinds of mortgages, it’s a good time to dig a little deeper into the topic. Read more

Canadian dollar projected to return to parity in months
It was more than 4 cents ago that the Canadian dollar was at parity with its U.S. counterpart, and currency watchers expect it will be there again over the next few months, depending on the ebbs and flows of the euro crisis Read more