In 2019, Canadians aged 35 to 44 had a debt-to-income ratio of approximately 250%. Given the rising cost of living and increasing mortgage sizes, it’s likely that this figure has grown since then. Many avoid discussing finances, even though open conversations can boost confidence and improve financial outcomes. With debt […]
Daily Archives: November 26, 2024
2 posts
The Canadian housing market is always changing, so it’s important to understand key financial terms – especially if you have a mortgage or want to buy a home. One of these key terms is the Prime Rate, which affects how much you pay on your mortgage each month. Let’s break down […]