Mortgages

5 things you should know about Mortgage Investment Corporations

Historically low interest rates in recent years that has led Canadian investors to increasingly venture into the world of private mortgage investment corporations or MICs. These structures promise steady returns at much higher yields than traditional fixed income investments nowadays. But are the ...

Dividend All-Stars 2018

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Jar people

More about dog artist Topher Brophy here. The big news soon in the GTA will be an increase in sales. “The scare is over,” wrote a realtor in a failing Toronto tabloid that shall remain nameless. When the local cartel releases numbers in a few days they’ll come cloaked in the patina of ‘rec ...

Remorse

Enough Millennial-bashing, already. Let’s do something nobler. Like trashing realtors. Over the past few years this pathetic blog has warned you (repeatedly) against signing anyone’s BRA. The Buyers Representation Agreement may make perfect sense from an agent’s or broker’s point of view, ...

BREAKING NEWS: M3 Mortgage Group Acquires VERICO

It’s one of the biggest broker channel acquisitions in Canadian history. M3 Mortgage Group is buying broker network VERICO Financial Group. M3, which already owns Multi-Prêts, Mortgage Alliance, Invis and Mortgage Intelligence, will control an estimated 40+% of the broker market when this is done ...

Fed balance sheet normalization at last

The U.S. Federal Open Market Committee (the Fed) held interest rates steady at today’s meeting, with a target range of 1% – 1.25%. After preparing the markets over the last several meetings, the Fed finally announced they would begin their long-awaited balance sheet reduction plans in October 2 ...

How You Label Yourself Will Determine Your Level of Success

Bull, Bear or Pragmatist?How You Label Yourself Will Determine Your Level of Success For 25 years, the Real Estate Investment Network, has been providing investors from across the globe with insights, tools and analysis on the North American real estate market. In my position as researcher, analyst ...

Will the Fed start normalization this week?

The dials of geopolitical and monetary risk are spinning in different directions across the globe. Of note in the U.S., markets are wondering whether glimmers of political bipartisanship bode well for reform legislation, and the Federal Reserve (Fed) is gearing up for what may be one of its most im ...

Shhhhhh

Steve’s a baby realtor. Hey, it’s hard enough living on commish in a market nobody actually understands. So why is the industry actually making it harder? “So Garth,” he says, sarcasm building, “thought you might like this little nugget of transparency from my local real estate board, TR ...

What is the “Best” Mortgage Rate?

Six in 10 mortgage consumers choose brokers, in large part because they think brokers will get them the best rate. All too many of those people associate the “best” rate with the “lowest” rate. Mortgage professionals know that’s not generally true, but convincing clients of this isn’t al ...