TORONTO - Some advocates are praising Ottawa's move to lengthen the amortization period on insured mortgages for certain homebuyers, but say expanding the policy to all Canadians would help make home ownership more affordable. Speaking in Toronto on Thursday, Finance Minister Chrystia Freeland announced the federal government will allow 30-year amortization periods on insured mortgages for first-time homebuyers purchasing newly built homes. The change will take effect Aug. 1. Under the...
This weekend will mark the return of the Chinese Grand Prix at the Shanghai International Circuit. The Chinese has been absent from the F1 calendar for the past five years due to Covid-19 complications. To mark China's return to F1, this weekend will also see the first Sprint weekend of the 2024 F1 season
Warm, spring-like weather will continue through the weekend. Light, afternoon breezes will continue through Sunday. Albuquerque officially hit 80° for the first time this year Friday afternoon, with highs across New Mexico climbing into the 70s and 80s for most of the state. Even southwest Colorado is in the 70s today. Winds are breezier this []
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The yen fell below the 153 line against the U.S. dollar on Wednesday in New York for the first time in nearly 34 years, as data showing higher-than-anticipated U.S. inflation added to expectations that the Federal Reserve may delay interest rate cuts. The U.S. consumer price index data for March,
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The study looked at rent prices to see how easily would-be buyers could save up. It also considered which cities have a wider availability of cheap starter homes. Scroll down to see a table showing the best ten cities based on those measures. First-time buyers accounted for half of all home buyers last year, Zillow said
Britain’s greatest female sprinter has found herself on and off the track after a life-changing move to Texas to prepare for Paris 2024‘I’ve changed a lot,” says Dina Asher-Smith as she looks back at six dizzying months that have seen her decamp 5,000 miles from the Garden of England to the Lone Star state, find herself off the track, and rediscover her mojo on it.“I went to a new coach, a new group, and a new philosophy. And part of the transformation is that I’m far more comfortable with...
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The yen fell below the 154 line against the U.S. dollar on Monday in New York for the first time in nearly 34 years on receding expectations that the U.S. Federal Reserve will cut interest rates soon amid signs of persistent inflation. The value of the Japanese currency depreciated against