Entries by admin

How Private Mortgage Lenders Provide Easy and Secure Financing

People who do not or cannot qualify for the borrowing requirements in Canada’s big banks will find that they have a great option in using a private mortgage lender. How so? Because unlike borrowing from a traditional lender, a loan from a private mortgage lender usually comes from a group of investors or an individual […]

Second Mortgage Loans vs. Home Equity Loans

Most people get confused when referring to home equity loans and second mortgages because some websites may use the terms interchangeably, so how are they different? A second mortgage is actually a type of home equity loan. When mortgage professionals bring up the term home equity loan, they are usually referring to a HELOC or […]

New Provincial Housing Measures Push Toronto Condo Rentals to Rise

A report from Urbanation Inc. shared that the Toronto condo rental market is getting hotter as the real estate market is cooling down as a result of the announcement of new provincial housing measures in April. A New Housing Problem? Real estate consulting firm Urbanation looked into the condominium rental market for the second quarter […]

Would You Bet Against Warren Buffet About A Canadian Housing Crash?

People constantly talk about predicting that the Toronto Housing Market is going to burst, but would you really believe them when investment genius Warren Buffet himself bought shares at mortgage lending company Home Capital Group Inc.? This isn’t just a show of support! This is a vote of confidence from the financial guru himself! A […]

3 Smart Reasons to Refinance Your Mortgage

Now is the best time so far to take advantage of the equity you’ve built in your home. How so? Because mortgage rates have been low and steady in recent years, that’s why! Today’s market presents you with good rates with no indication of sudden change. If you don’t think these days is a great […]

Home Equity Loans – What You Need to Know

Second mortgages or home equity loans are getting popular once again. It fell back a bit after the recession, but as people are making moves now to take charge of their finances once again, interest in various loan options are picking up. If you want to find out more details about home equity loans and […]

Small Number of Foreign Buyers in Toronto, an Effect of Speculation Tax?

Recent reports share that non-Canadian citizens who bought homes in Ontario are just a small percentage of recent buyers after the speculation tax was implemented for foreign buyers. Effect of Speculation Tax? The Ontario government released a report sharing that only 4.7% of the recent real estate sales in Ontario are by foreign buyers. This […]

Best Home Renovations to Increase Your Property Value

Let’s be honest with ourselves, the most compelling reason why homeowners choose to go forth with having a home renovation is not for aesthetic reasons but for increasing the home’s value. In today’s blog post, we are sharing with you some of the best home renovations that can drum up a return of investment that […]

How a Second Mortgage Can Really Help You

There are so many reasons why people would consider taking a second mortgage. You might be thinking of getting one as of this very moment and is just isn’t sure yet if you should go for it. The first question you should ask yourself when taking any kind of loan is how beneficial it would […]