How much real estate should you have in a balanced portfolio? + MORE May 7th

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.
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Your mortgage interest payments are likely going up. Is there a way to reduce them? Nov 28th

A lump-sum payment would go directly to the principle of your mortgage, meaning you’re immediately paying less interest..... More »

Latest in mortgage news: 50% of Canadians say high interest rates are negatively impacting their love life Feb 14th

As Cupid readies his arrows for Valentine's Day, a new survey has uncovered that high interest rates are taking their toll on Canadians' romantic life.... More »
 mortgage penalties

Insights From A Top Canadian Economist: Part 2 + MORE Nov 4th

Canadian economist Benjamin Tal’s presentation at the National Mortgage Brokers Conference was eye-opening. In it, he posited a holistic view of what’s happening with the Canadian economy and what we can expect to happen next. He’s rarely been wrong in the 20 years I’ve been following him &#.... More »

The Latest in Mortgage News: Recent hikes are “painful” for variable-rate mortgage borrowers, says BoC Nov 25th

Homebuyers with a variable mortgage rate are facing a "painful" adjustment as interest rates continue to rise, the Bank of Canada's Senior Deputy Governor Carolyn Rogers said this week..... More »
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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 »
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…

Continue Reading On moneysense.ca »

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 […]

Continue Reading On canadianmortgagetrends.com »

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