Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info.
Latest News
OSFI says mortgage payment shock poses a key risk to Canada’s financial system May 24th
Canada's banking regulator says high borrowing costs and a wave of expected renewals pose a key risk to Canada's financial system..... More »
Struggling to make mortgage payments? How to avoid the slippery slope that leads to losing your home + MORE Nov 22nd
More and more Canadians are having trouble making payments as rates continue to rise. Here’s how to get back on track and make sure you don’t put your home in jeopardy..... More »
The latest in mortgage news: Government unveils details of its foreign buyer ban Dec 25th
The government unveiled details of its foreign buyer ban on residential properties earlier this week, just days before the rules are set to take effect..... More »
Toronto and Vancouver mortgage arrears set to hit highest levels in 10 years, CMHC warns + MORE Nov 15th
Mortgage arrears in Toronto and Vancouver are on track to rise to levels not seen in over a decade, according to a new forecast from Canada's housing agency..... More »
Is Canada’s mortgage stress test still relevant? Aug 24th
Earlier this month, the Bank of England scrapped its mortgage affordability stress test. With mortgage rates presumably approaching their peak for this rate-hike cycle, some are wondering if changes to Canada's stress test are overdue.
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How much real estate should you have in a balanced portfolio?
– moneysense.ca
When investors talk about income-producing assets, the first that come to mind are dividends and interest, with capital gains a close third. But what about investment real estate? If you hold an asset allocation ETF, it will be chock full of stocks and bonds but offer little real estate exposure apart from a few publicly traded real estate firms.
How much should real estate comprise in a balanced portfolio? While a principal residence certainly will be a big part of most people’s net worth, personally I don’t “count” it as part of my investment portfolio even though it can ultimately serve as a retirement asset of last resort, via home equity lines of credit (HELOCs), reverse mortgages or simply an outright sale when it’s time to enter a retirement or nursing home. If you take that approach, and many of my advisor sources do, then the question becomes how much real estate should you have in your investment portfolio, above and beyond the roof over your head?
With Canadian housing prices soaring since the pandemic, those fortunate enough to have investment real estate may well be overweight the asset class…
How much should real estate comprise in a balanced portfolio? While a principal residence certainly will be a big part of most people’s net worth, personally I don’t “count” it as part of my investment portfolio even though it can ultimately serve as a retirement asset of last resort, via home equity lines of credit (HELOCs), reverse mortgages or simply an outright sale when it’s time to enter a retirement or nursing home. If you take that approach, and many of my advisor sources do, then the question becomes how much real estate should you have in your investment portfolio, above and beyond the roof over your head?
With Canadian housing prices soaring since the pandemic, those fortunate enough to have investment real estate may well be overweight the asset class…
Sagen Overtakes CMHC as Canada’s Largest Mortgage Default Insurer
– canadianmortgagetrends.com
The Canada Mortgage and Housing Corporation (CMHC) has reportedly lost its title as Canada’s largest provider of mortgage default insurance. The national housing agency’s total market share has slipped to just under 30%, according to a report by RATESDOTCA. That marks a steep decline from CMHC’s market share of approximately 46% in 2019. Meanwhile, Canada’s two private providers of mortgage default insurance have seen their market share jump. Sagen reported a rise in market share to about 43%, up from […]
