Inflation is the rate of change in price levels. It’s a broad measure used to convey the increase in cost of living in a particular nation or its provinces/states. Core…
Can you really afford a mortgage? This is the question at the root of mortgage stress tests. They determine whether you could continue to afford your scheduled payments if interest rates rise.
Giant Malibu houses, townhouses in New York, and the life you always wanted. Barbie taught us that we can be anything and have everything. But if Barbie was real, could she afford her dream home? What can we learn from Barbie about changing real estate markets, mortgages and labour participation?
For banking institutions, the business of wealthy individuals is very attractive and it’s something that they compete for. Often, they offer preferential pricing and discounts, special rates, and exclusive banking products to attract high net worth individuals (HNWIs) through private banking.