Holding Pattern: PPCLA

Holding Pattern: Alberta…

Mortgage Debt Grew, Fast

Mortgage Debt Grew at Fa…

Renovations remain top priority

Renovations remain a top…

Variable rates vs fixed rates

Variable rates vs fixed …

Opening borders may fuel Canadia…

Reopening of borders may…

BOC on Economic Recovery

Bank of Canada delivers …

Buying vs. Renting: Study

Buying vs. Renting: Home…

Forfeiture of $2.8 million condo

BC seeks forfeiture of $…

Household debt exceeds $2.5T

Canadian household debt …

Housing Market Vulnerable – CMHC

Canada’s housing market …

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Tag Archives: Alternative

Private mortgages and “A” borrowers: A winning combination

There was a time, not too long ago, when mortgage investment corporations (MICs) and other private lenders were viewed as shadowy presences haunting the outer fringes of the mortgage industry, waiting to swoop in and take advantage of desperate borrowers by plying them with solutions whose mechanics (and fee structures) they couldn’t understand. Using a [&hellip…

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Careful, pre-construction condo investors. Lenders don’t like funding assignments

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Readers of Mortgage Broker News will be all too familiar with the pitch from realtors who specialize in pre-construction condo sales: Put down your deposit, sit back and watch as that piece of paper appreciates faster than any completed condo unit in the city. Don’t worry about paying those exorbitant monthly maintenance fees, either. You [&hellip…

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