Tags » Mortgage Debt

Home equity leaps ahead, though mortgages remain underwater for millions of owners

If you’re like most homeowners, it’s your biggest asset. You can’t track it online or check monthly statements sent to you by a bank, but it’s crucially important for your personal financial well-being and your retirement planning. 569 more words

Mortgage & Market News

Growth of mortgage debt slowed in Q1

OTTAWA – Statistics Canada says mortgage debt at the end of the first quarter was up by 0.6 per cent from the previous quarter, the slowest pace of growth since early 2009. 143 more words


Debt overhang, deleveraging and "House of Debt"

Borrowers in Europe remain highly leveraged. This is the verdict of the IMF  documented in the UK by the Bank of England in its November 2013 Financial Stability Report where they note a UK debt-to-income ratio of 140 per cent (Chart 2.4). 1,278 more words


Why So Serious? House Price Rises and why it’s a good thing.

The recent calls for the Government to do something about the rising price of houses has been strangely disconnected from the debate about the restoration in the collapsed value in houses, or more appropriately, mortgage debt. 782 more words

9 biggest mortgage mistakes

A mortgage is the biggest debt most of us will ever carry, and a home is the most expensive purchase we will ever make.

That’s why it’s so important to avoid pitfalls like making a major job change right before your home loan closes or failing to anticipate long-term home ownership costs. 1,199 more words

Mortgage Info