How the Interest Rate Hikes Are Really Impacting Investors – Part 1
Yeah, another article on interest rates. But this one is different, I promise. We’re all probably getting a bit tired of seeing headlines about how the rate hike is going to impact the market – I’ve seen some people claim... Read More →
Market Has Investors Turning to Rent-to-Own For Predictable Returns
The Market Has Investors Turning to Rent-to-Own For Predictable Returns Do you know what your rental might sell for in 3 years? After months of soaring house prices, rising interest rates is cooling the market, leaving investors unsure where their... Read More →
Close more sales with Rent to Owns
Close more sales with Rent to Owns First time homebuyers just can’t catch a break. After years of low interest rates pushing up home prices, mortgage stress tests, and bidding wars, home buyers are now facing rising interest rates –... Read More →
Bank of Canada Holds Interest Rates, For Now
This morning in its first scheduled policy decision of 2022, the Bank of Canada left its target overnight benchmark rate unchanged at 0.5%, ensuring that borrowing costs for Canadians will remain low for the time being. The Bank also updated its... Read More →
Breaking your low rate mortgage might cost more than you’re saving
Breaking your low rate mortgage might cost more than you’re saving So life happens, a marriage splits, your partner gets downsized or transferred to another city. Or perhaps interest rates have dropped and you’d like to lock into new rates,... Read More →
How to keep your mortgage application in good shape
You’ve got your down payment together and you’ve found a great house that you just need. All you have to do now is secure a mortgage and you’re good to go. You know you have a good credit score and... Read More →
Just plan ahead to break your mortgage
Did you know that according to CMHC, six out of 10 Canadian homeowners break their mortgage on or before the third year of a five-year mortgage? That means that 60% of homeowners break their mortgage before it’s due and while... Read More →
How Down Payment Affects Your Mortgage Rate
“But my brother got 3.35% with his bank, why can’t I have that?” That’s a common question I hear from home buyers and owners looking for a new mortgage. While there are several factors that determine the interest rate including... Read More →
Investor Interview – RTOs with Wayne Dolson
I recently sat down with real estate investor Wayne Dolson who focuses primarily on Rent to Own (RTO) investing. I was eager to speak with Wayne because RTOs have taken a bit of a PR pounding in recent years with... Read More →
Should You Avoid a Private Mortgage?
Private mortgages have seen a significant boom in recent years with 2018 being one of the largest spikes ever. With the B20 stress test unveiled by the Office of the Superintendent of Financial Institutions at the end of December 2017,... Read More →