“US mortgage news, interest rate updates, housing market trends, and expert homebuying advice for American borrowers.”
In a housing market where sky-high prices lock out young buyers, more U.S. parents are co-signing mortgages for their adult children. But experts warn this generous act could jeopardize retirement dreams and family bonds. Understanding Co-Signing Mortgages Co-signing a mortgage means a parent guarantees the loan alongside their child. Lenders view the parent’s stronger credit … Read more
Private Mortgage Insurance (PMI): What It Does, Benefits, and Fees Explained United States – September 6, 2025 – As homeownership remains a cornerstone of the American dream, many first-time buyers rely on mortgages with low down payments, often requiring Private Mortgage Insurance (PMI). With rising home prices and economic pressures pushing more buyers to opt … Read more
Ottawa, Canada – Canada’s merchandise trade deficit shrank to C$4.94 billion ($3.57 billion) in July 2025, down from C$5.98 billion in June, as exports rose modestly while imports declined, according to Statistics Canada data released September 4, 2025. The narrower-than-expected deficit, which beat economists’ median forecast of C$5.3 billion, signals a slow rebound in Canadian … Read more
Vancouver and Toronto Lead Canada’s Rental Unaffordability Crisis, CCPA Report Reveals: Implications for North American Housing Markets Washington, D.C. – September 6, 2025 – As housing affordability continues to dominate discussions across North America, a new report from the Canadian Centre for Policy Alternatives (CCPA) has spotlighted Vancouver and Toronto as the most unaffordable cities … Read more
Latest House and Unit Prices Across Australia: September 2025 Australia’s housing market in September 2025 reflects a complex landscape shaped by strong demand, limited supply, and regional variations. Drawing on data from recent reports, including Your Mortgage (Cotality data), Domain, and KPMG, here’s a comprehensive overview of median house and unit prices across major capital … Read more
Parents Co-Signing for Child’s Mortgage Is ‘Fraught’ with Risks, Experts Warn Philadelphia, PA – September 5, 2025 – Parent co signing child mortgage risk – As housing costs soar and young adults face increasing barriers to homeownership, more parents are stepping in to co-sign their children’s mortgages. However, financial and legal experts are sounding alarms … Read more
Toronto Home Prices Continue Downward Slide as Listings Surge in Buyer’s Market Toronto’s housing market is facing a deepening slowdown, with home prices declining for the ninth consecutive month in August 2025, driven by a surge in listings and persistent economic uncertainty. The benchmark price of a home in Canada’s largest city fell 0.1% from … Read more
Toronto, Canada – Mortgage rates in Canada have dipped to their lowest levels in 2025, driven by a second consecutive month of weak employment data that has heightened expectations of further Bank of Canada (BoC) rate cuts. The latest Labour Force Survey from Statistics Canada, released September 5, 2025, reported a loss of 65,500 jobs … Read more
Canada, U.S. Holding ‘Technical’ Talks on Sectoral Tariffs, Minister Says By [Your Name], September 5, 2025 Washington, DC – Canada and the United States have initiated “technical” talks aimed at addressing U.S.-imposed sectoral tariffs on Canadian exports, including steel, aluminum, autos, and lumber, according to Canada’s Minister of Intergovernmental Affairs, Infrastructure, and Communities, Dominic LeBlanc. … Read more
By [Your September 5, 2025 Montreal, QC – Montreal’s housing market delivered its most robust August performance since 2021, with residential sales surging 12% year-over-year to 3,330 properties sold in the Montreal Census Metropolitan Area (CMA), according to the Quebec Professional Association of Real Estate Brokers (QPAREB). The data, released today, September 5, 2025, marks … Read more