For All Your Real Estate Needs in Halifax & Surrounding Area
Paul DeAdder | Real Estate Sales Representative Serving 
Halifax & Surrounding Area | Sutton City Realty Inc., Brokerage

financial health News and Articles | My Blog

debt-payment-463.jpg - Real Estate News

The hidden cost of rising debt: why checking your credit report matters more than ever

7/14/2024 | Posted in Financial Health by Paul DeAdder

With interest rates and borrowing costs at elevated levels, it’s more important than ever to ensure your credit report is in good standing.

... More


debt-payment-463.jpg - Real Estate News

More Canadians only making minimum payment on credit cards: TransUnion

5/29/2024 | Posted in Financial Health by Paul DeAdder

A new report suggests an increasing number of Canadians are seeing their credit card balances balloon as the cost-of-living crisis and higher interest rates eat into household ... More


own-or-rent-sign-120.jpg - Real Estate News

Renters have harder time accumulating wealth than homeowners: RBC economist

3/14/2024 | Posted in Financial Health by Paul DeAdder

Renters face daunting barriers in their attempts to build wealth as they’re forced to devote an increasing share of their income to keeping a roof over their head.

... More


senior-couple-calculating--taxes--debt-462.jpg - Real Estate News

B.C., Ontario mortgage-holders increasingly missed payments in Q4, Equifax says

3/5/2024 | Posted in Financial Health by Paul DeAdder

Equifax Canada says consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023.

... More


debt-payment-463.jpg - Real Estate News

There's a common theme among Canadians overwhelmed by debt

2/6/2024 | Posted in Financial Health by Paul DeAdder

Further analysis of the latest Canadian insolvency stats reveal some revealing elements that typically connect those whose finances have got too much for them.

... More


debt-payment-463.jpg - Real Estate News

Household debt levels set new record high in Q2

9/4/2023 | Posted in Financial Health by Paul DeAdder

Higher living costs are pushing more and more Canadians into debt, according to a new report.

... More


debt-payment-463.jpg - Real Estate News

Businesses' changing credit usage a worrying trend: Equifax

6/20/2023 | Posted in Financial Health by Paul DeAdder

Equifax Canada says new data suggests a significant shift in credit usage among businesses in the first quarter of 2023.

... More


stressed-couple-244.jpg - Real Estate News

Canadians' mortgage borrowing hits lowest level since 2003

6/15/2023 | Posted in Financial Health by Paul DeAdder

Canadians' mortgage borrowing has reached its lowest level since 2003, primarily due to the impact of higher interest rates, according to recent data released by Statistics ... More


debt-stress-frustration-98.jpg - Real Estate News

Canadian consumer debt hits all-time high, reaching $2.32 trillion in Q1 2023: TransUnion

6/1/2023 | Posted in Financial Health by Paul DeAdder

Amid interest rate hikes and high inflation, more Canadians are turning to credit for relief, with consumer debt hitting a new record in the first quarter of 2023.

... More


debt-payment-463.jpg - Real Estate News

Canada's residential mortgage debt now $2.08trn, says CMHC

5/25/2023 | Posted in Financial Health by Paul DeAdder

The federal housing agency has revealed the latest industry trends

... More


debt-payment-463.jpg - Real Estate News

Millions of Canadians already missing payments due to COVID-19

3/27/2020 | Posted in Financial Health by Paul DeAdder

The coronavirus outbreak is leading to defaults on credit cards, utilities, and telecoms.

... More


debt-payment-463.jpg - Real Estate News

Canadian reverse mortgage debt reaches nearly $4 billion

1/28/2020 | Posted in Financial Health by Paul DeAdder

Despite a decelerating pace of borrowing, Canadian seniors still pushed the nation’s reverse mortgage debt balance towards yet another ... More


worried-businessman-346.jpg - Real Estate News

Canadian Household Borrowing Jumps By 31%, StatCan Says

12/16/2019 | Posted in Financial Health by Paul DeAdder

Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more.

... More


business-close-up-hand-269.jpg - Real Estate News

Stats Can releases Q2 household debt data

9/14/2019 | Posted in Financial Health by Paul DeAdder

Household income grew slightly faster than debt in the second quarter as the amount Canadians owe relative to their income edged down for the third quarter in a row.

... More


cra-70.jpg - Real Estate News

Average Canadian household spent more on taxes than living costs in 2018, report finds

8/2/2019 | Posted in Financial Health by Paul DeAdder

The average Canadian household paid nearly $40,000 in taxes last year, more than the combined cost of clothing, food and shelter, according to a new report.

... More


calculator--analysis--reporting-128.jpg - Real Estate News

CRA issues warning about real estate investment schemes

6/11/2019 | Posted in Financial Health by Paul DeAdder

A warning has been issued regarding investment schemes that promise tax write-offs by investing in real estate through limited partnerships.

... More


home-piggy-bank-251.jpg - Real Estate News

Household debt at a record high, senior mortgages increase

5/23/2019 | Posted in Financial Health by Paul DeAdder

Canadian households continued to pile up debt in the fourth quarter of 2018 according to a new report from CMHC.

... More


calculator--analysis--reporting-128.jpg - Real Estate News

Delinquency rates hold steady even as credit market grows

5/23/2019 | Posted in Financial Health by Paul DeAdder

The Canadian credit market has grown but it appears that consumers are generally managing their debt well.

... More


stressed-couple-244.jpg - Real Estate News

Canadian Bankruptcies Jump At Fastest Pace Since Financial Crisis

5/14/2019 | Posted in Financial Health by Paul DeAdder

Higher interest rates and a record-large debt burden are taking their toll on Canadians, with the number of households filing for insolvency hitting an eight-year high in the ... More


worried-businessman-346.jpg - Real Estate News

48% of Canadians on brink of insolvency: Survey

4/22/2019 | Posted in Financial Health by Paul DeAdder

Sign of deteriorating financial stability for many people in the country.

... More


FOR SELLERS
Are you thinking of selling your property
and would like to know how much it can sell for?
Click here to get your property appraised for FREE!
FOR BUYERS
Thinking of buying a home or investment property?
Sign-up for FREE to get immediate access to listings
in your desired area as soon as they hit the market!
PROPERTY SEARCH IN GTA
Are you thinking of buying your first property,
downsizing, or upgrading to bigger and better?
Click here to search through thousands of listings!