Four out of ten homeowners fall short in having enough money to meet their expenses

Four out of 10 homeowners caught short without enough money to meet their expenses, new survey finds About four in 10 Canadian homeowners says they were “caught short” in the past year without enough money to meet their expenses, according to a survey out Tuesday.

Mortgage Qualification Loophole Puts All Canadians at Risk

The use of teaser rates in qualifying individuals is a game the banks have played to increase their mortgage volumes. This spins back into the Canada Mortgage and Housing Corporation insurance scheme. It allows Canadians to spend more than would otherwise be the case, and puts thousands of homeowners at Read More