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Rachelle Younglai

Rachelle Younglai

Reporter at The Globe and Mail Digital

Contact this person
Email address
r*****@*******.comGet email address
Influence score
62
Location
Canada
Languages
  • English
Covering topics
  • Business
  • Finance & Banking Services
  • Real Estate

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Recent Articles

theglobeandmail.com

Toronto home sales rise again in November as interest rates fall

Over the past two years, the Toronto real estate market and most other regions in the country have been in a slump owing to the Bank of Canada’s interest rate hiking campaign in 2022 and 2023
theglobeandmail.com

Relaxed mortgage rules will cost homebuyers in the long run, BoC se...

The new policies are the most significant relaxation of borrowing rules in more than a decade and aim to address the country’s affordable housing shortage
theglobeandmail.com

Canadian home sales rose modestly in September, with real estate as...

The Bank of Canada has started lowering interest rates, but prospective homebuyers may be holding out for bigger cuts
theglobeandmail.com

Helping employees with housing down payments has built loyalty for ...

Crozier’s benefit is unusual in that it provides money specifically for down payments and is available to all employees
theglobeandmail.com

Real estate developers predict mortgage changes will do little to s...

The real estate industry does not believe the extended amortization period included in the changes will stimulate buying given higher housing prices
theglobeandmail.com

Homeowners who switch lenders at mortgage renewal will no longer be...

As of Nov. 21, the Office of the Superintendent of Financial Institutions will no longer require banks to apply the mortgage stress test on borrowers who are switching banks when renewing their loans
theglobeandmail.com

Ottawa to ease mortgage rules in bid to help buyers afford pricier ...

Under the federal government’s new rules, the price cap for insured mortgages will be $1.5-million, up from $1-million
theglobeandmail.com

Canadian employers take an increasingly harder line on returning to...

Employers are insisting on more in-person work to help foster more collaboration and ensure new employees have an opportunity to learn on the job
theglobeandmail.com

Distressed real estate sales rise, but often, potential buyers find...

Real estate professionals say there’s a disconnect in the market as buyers ‘smell blood in the water’ while sellers cling to ‘unrealistic valuations’
theglobeandmail.com

Why the condo slump matters for the housing crisis

Sales are down, listings are up and insolvencies are on the rise
theglobeandmail.com

Online lender Nesto aims to grab market share as wave of homeowners...

The rapidly-growing company is looking to expand its reach and get out further in front of mortgage shoppers