wpforms-salesforce domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/wp-includes/functions.php on line 6114wpforms-mailchimp domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/wp-includes/functions.php on line 6114
Want to buy a home? Chances are you’re going to need a mortgage (or you’re going to get a mortgage even if you don’t need one simply because you understand the power of leverage and the compounding impact of diversifying your wealth). For most, though, qualifying for a mortgage is the only way buying a […]
How are mortgage rates are determined? Read More »
Want to buy a home? Chances are you’re going to need a mortgage (or you’re going to get a mortgage even if you don’t need one simply because you understand the importance of having cash on hand for a rainy day or an emergency. For most, though, qualifying for a mortgage is the only way
How Mortgage Rates Work – Fixed vs Variable Read More »
Once upon a time, we all believed that our friendly, neighbourhood bank advisor or financial planner worked for free. But like the myth of a flat Earth or the notion that retiring is easy, virtually no one believes these myths anymore. Truth be told, nobody works for free. Financial advisors don’t work for free; your
Who pays mortgage broker fees? Read More »
With new mortgage rules in effect and regulators closely monitoring credit policy in Canada, there has been much conversation about the impact on real estate prices and how much the changes will slow the pace of residential real estate appreciation. Only time will tell how regional based foreign home buyer taxes, tougher mortgage rules, and
Why Investment Property Mortgage Interest Rates Will Rise Read More »
There are a lot of advantages to owning a principal residence in Canada. Property is an excellent hedge against inflation, it offers an opportunity to earn revenue from rentals (allowing the asset to act as an alternative to other fixed-income investment products) and any gain in value on your principal residence is sheltered from taxes
How to make a Canadian mortgage tax deductible Read More »
Here in Canada, we don’t get to write off home mortgage interest on our personal residences they do in the United States without formal planning. Many Canadians have to pay every dollar of interest with after-tax dollars. The name of the game here is tax savings and wealth creation through strategic conservative leverage wealth strategy.
How to make your Canadian Mortgage Interest Tax Deductible Read More »
I have been asked by hundreds of investment advisors, portfolio managers, mortgage professionals and clients my perspective on the syndicated mortgages as a whole. Here is my most simplified opinion on the matter along with a simplified explanation. I have no financial gain in writing this and will never comment on individual projects or their respect
Investors: Beware of Syndicated Mortgages! Read More »
It’s not exactly news that ordinary Canadians are being squeezed out of many real estate markets. Prices for both single-family homes and condominiums in markets like Vancouver, Montreal and Toronto (and their suburbs) have skyrocketed — far outstripping wage growth. But developers are still building — creating more and more homes for a rapidly narrowing
Is Toronto Experiencing a Real Estate Bubble? Read More »
Presale Condo Speculating is Hot – But Risks Can Be Devastating Would it surprise you to learn that in 2017, there were 29,132 contracts completed in Toronto to buy pre-sale condominiums — a condo purchase that was made well before the development is completed and, in some cases, even before the first shovel hits the
Most Pre-Construction Condos Not ‘Investments’ Read More »
When you’re investing, rate of return is a key metric you want to pay attention to. Simply put, it’s the gain or loss of your initial investment over a specific period of time. For example, if you invested $100 today and your investment grew to $105 a year later, then your rate of return would
Rate of Return – it is risk adjusted rate of return that matters Read More »