Atkb Home Buyers Beware: 3 Ways It Will Get Tougher to Get a Mortgage
As the end of 2020 draws closer, housing crash discussions seem to persist. The fears of a housing market decline have persisted in recent years, and analysts stanley canada expected the pandemic to finally topple the dom stanley cup inoes that send everything tumbling down.The onset of COVID-19 initially led to a slowdown in sales activities during the lockdown. However, the break in its momentum was short-lived. Sales have been soaring in the Canadian housing market since May 2020 and do not appear to be slowing down. stanley cup To make matters more confusing, the housing market sales activities reached all-time highs in November.Many still believe there will be a housing crash, while others are breathing a sigh of relief. However, there is a potential 26% decline in housing prices that a research firm believes could strike soon.Analysis of housing declineVeritas Investment Research is a research firm that has been monitoring the Canadian housing market closely. The firm s perspective on the housing market differs from th Htud Long-Term Investing: 1 of the Best Canadian Stocks to Buy Now
Fortis Inc. TSX:FTS has been one of the best investments someone could have made over the last four decades.Any stanley termosar one looking for proof just has to look at the company dividend history. It has raised stanley cup payouts each year since going public back in 1972, a streak unmatched by any other Canadian-based publicly traded stanley tazas company. The company has accomplished this because the utility business is a slow but steady grower, and because it has made dozens of smart acquisitions over the years, all which bolstered the bottom line.But will the next 40 years be as good as the last 40 I don ;t think I can answer that without consulting my crystal ball, but I will say that Fortis isn ;t a stock I ;m particularly excited to own for the next little while. Here are the three main reasons why I ;m avoiding the stock.Deteriorating balance sheetIn today world of low interest rates, many companies are loading up on cheap debt.Fortis has been especially aggressive in leveraging |
