Latest / The Canadian Real Estate Investor
What The BoC's Rate Hold Means For Your Mortgage
We discuss the Bank of Canada's Financial Stability Report (FSR) for May 2025, which examines the current state of Canada's financial system and housing market. Here are three key points:
The housing market shows high debt levels, with Canadians carrying approximately $1.73 in debt for every $1 of disposable income, making them vulnerable to economic shocks.
Interest rates have decreased from their peak, creating a more positive outlook for borrowers, though they won't return to pandemic-era lows. TD forecasts this could help revitalize the housing market in 2025.
About 60% of Canadian…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.