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Articles on Mortgage

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The 2008 financial meltdown caused millions of Americans to lose their homes, and the austerity measures that followed only widened income inequality and helped fuel the rise of right-wing populism. (AP Photo/Tony Dejak)

How the 2008 financial crisis helped fuel today’s right-wing populism

Right-wing populists have exploited key weaknesses in liberal democratic society that were exacerbated by the failure of political leaders to respond effectively to the 2008 financial crisis.
The Financial Services Royal Commission has exposed some irresponsible lending by Australia’s biggest banks. Glenn Hunt/AAP

We asked five experts: will the banking royal commission push down property prices?

The financial institutions fronting the Financial Services Royal Commission are also the ones controlling mortgages, so will an expose of their dealings push property prices down?
A real estate sold sign hangs in front of a west-end Toronto property. Canada’s newly announced housing strategy contains scant measures to help first-time buyers in pricey markets. THE CANADIAN PRESS/Graeme Roy

No help for would-be homeowners in Canada’s new housing strategy

Canada’s National Housing Strategy leaves a large segment of the population that must find a way to afford housing in the private market. More initiatives are needed to help first-time home buyers.
Financial illiteracy contributed to the last financial crisis. Shutterstock

Financial literacy is a public policy problem

It’s not just individuals who pay for low financial literacy. It also increases financial risks and holds back the economy.

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