October 15th, 2024
Private mortgage investments are gaining popularity as more borrowers seek alternative financing solutions and investors recognize the advantages of this asset class. These unique investments offer several portfolio-enhancing features, from … [read more]
October 4th, 2024
Strong forces may power the housing market higher in 2025, driven by falling interest rates and changes to mortgage rules. TD economist Rishi Sondhi, in an article by The Globe … [read more]
Comments Off on Changes to Mortgage Rules for 1st-Time Buyers Could Significantly Enhance Housing Demand Next Year
October 3rd, 2024
Investing in real estate can be a powerful strategy for building wealth and achieving financial freedom. However, securing suitable financing for your first investment property may present challenges. At the … [read more]
Comments Off on The Importance of Financial Preparation for Real Estate Investing
September 25th, 2024
Over the last ten years, homeownership costs have soared, leaving many young millennials and Gen Z feeling as if homeownership is out of reach for their generations. From August 2014 … [read more]
Comments Off on What The Mortgage Reforms Would Mean for Affordability?
September 24th, 2024
CIBC predicts the Bank of Canada (BoC) will push for more aggressive rate cuts, and Canadians could see a significant drop as soon as December. In June, the Bank dropped … [read more]
Comments Off on Bank of Canada will Push for More Aggressive Rate Cuts in Less Than 5-Months
September 23rd, 2024
On September 16, 2024, the Government of Canada introduced the most significant reforms to mortgage regulations in decades, aiming to unlock homeownership for more Canadians, especially younger generations struggling with … [read more]
Comments Off on Key Changes to Mortgage Rules, Making Home Ownership More Accessible
September 16th, 2024
Today, real estate prices are still wildly higher than they were pre-pandemic, but with their recent declines experts say the ideal time for buyers to come off the sidelines is … [read more]
Comments Off on Low Mortgage Rates Meet Lower Real Estate Prices is Coming
September 6th, 2024
The Bank of Canada announced its third interest rate cut of the year today, lowering rates by another 25 basis points to 4.25%. This follows two consecutive interest rate drops … [read more]
Comments Off on Why Fall Might Be The Best Time to Buy After Bank of Canada 3rd Rate Cut?
August 19th, 2024
By the end of 2024, the Bank of Canada’s policy interest rate could be 1.25% lower than the recent peak rate of 5%. This is according to a new forecast … [read more]
Comments Off on Signs Bank of Canada Expected to Send The Policy Interest Rate Down to 3.75%
August 13th, 2024
On the heels of a second consecutive quarter-point interest rate cut from the Bank of Canada, Governing Council warned that cuts alone aren’t going to be a saving grace for … [read more]
Comments Off on Bank of Canada Rate Cuts Not The Remedy to Housing Imbalance
August 7th, 2024
On Wednesday, the Bank of Canada cut its benchmark interest rate by 25 basis points for the second time this year, bringing it down to 4.5%, its lowest since April … [read more]
Comments Off on Bank of Canada’s Rate Cut Offers New Optimism But It’s Not Enough to Help Homebuyers
August 2nd, 2024
Today the Bank of Canada lowered its overnight lending rate for the second time this year, bringing the rate down by 25 basis points to 4.5%. Many economists anticipated the … [read more]
Comments Off on What’s Happening with Mortgage Rates? How Many Rate Cuts Coming This Year?
July 31st, 2024
If you’re shopping for a new mortgage, or coming up for renewal, you likely wish you had a crystal ball. Picking the “right” mortgage rate is tricky at the best … [read more]
Comments Off on Shorter Mortgages are Better & Flexibility is The Name of The Game
July 16th, 2024
Recent market expectations have significantly shifted towards anticipating greater cuts by the Bank of Canada (BoC). Earlier this year, markets were projecting only a 0.25% reduction in interest rates for … [read more]
Comments Off on The Bank of Canada is Signaling More Rate Cuts Without Significant Concern for Weaker Currency
July 4th, 2024
On June 11, 2024, Mortgage Professionals Canada (MPC) released the results of their Semi-Annual State of the Housing Market Report. This survey highlights growing anxiety among mortgage consumers, especially about … [read more]
Comments Off on Mortgage Anxiety vs. Ownership Confidence
July 2nd, 2024
Family gifts to provide or enhance a down payment have kept getting larger and more common among young homebuyers, according to a new analysis by Canadian Imperial Bank of Commerce. … [read more]
Comments Off on Canadian First-Time Homebuyers Need 6-Figure Down Payment Gifts
July 2nd, 2024
Canadian inflation is demonstrating it can be a lot stickier than the central bank expected. Last week’s CPI report showed annual growth accelerated, reversing some of the Bank of Canada … [read more]
Comments Off on Canadian Inflation is Heading in The Wrong Direction for Bank of Canada Rate Cuts
June 19th, 2024
The Canadian Mortgage and Housing Corporation (CMHC) released its Residential Mortgage Industry Report at the end of May. According to the report, during the pandemic, many mortgage holders were able … [read more]
Comments Off on Residential Mortgage Report : Lender Activity, Delinquency Rate, Financial Stability & Risks
June 19th, 2024
While May remained relatively uneventful for most Canadian housing markets, the Canadian Real Estate Association (CREA) expects the Bank of Canada’s recent rate cut to bolster activity moving forward. Per … [read more]
Comments Off on Will The Rate Cuts Spur The Sleepy Housing Markets?
June 18th, 2024
Global inflation is easing, and lower rates are on the horizon, but those who didn’t take advantage missed out. That was the message from the Bank of Canada (BoC) Governor, … [read more]
Comments Off on A Return to Pre-Pandemic Interest Rates is Unlikely in The Future
June 11th, 2024
Over the past year, the development industry across Canada has slowed down significantly, and the high cost of borrowing has often been cited as one of the biggest culprits. Experts … [read more]
Comments Off on Economic Factors are At Play for Developers Which Won’t Be Solved by BoC Rate Cut
June 11th, 2024
Great-West Life’s real estate division had wanted to purchase the site on Robson Street in downtown Vancouver for some time, so when they heard that it had gone into foreclosure, … [read more]
Comments Off on Foreclosures Continue to Emerge in A Challenging Interest Rate Environment
Comments Off on Enhancing The Potential Growth of A Diversified Investing Portfolio with Private Mortgages