How to Choose REITs
On Friday in our mini-series about REITs in Canada, we looked at the different types of REITs you could buy. But there’s a lot more to choosing a REIT than just knowing whether you want one that deals in retail space or one that’s directly tied to Canadian mortgages. Just like any other shares you’re…
Read moreThe Different Types of REITs
On Monday we began our mini-series on REITs, real estate investment trusts. In that post we talked about how REITs are like shares that can be bought and sold on the stock market. We also talked about how there are several different kinds of REITs you can choose to invest in. What we didn’t touch…
Read moreShould our Financial Infrastructure be Changed?
A recent study done by C.D. Howe Institute was released yesterday and it holds some pretty interesting ideas on how our financial and political infrastructure should look, and what’s wrong with the way it looks now. Before we delve deeper into the changes the report claims are necessary for Canada’s infrastructures, let’s review what those…
Read moreWill Tighter Rules be Imposed on Canada Mortgages?
For the past year (and more!) we’ve been listening to Bank of Canada’s Governor, Mark Carney, and Finance Minister, Jim Flaherty, harp on us about how much debt we’re carrying. Those warnings have been an ironic backdrop to a housing market that continues to be overvalued in many areas and most recently, the bidding war…
Read moreWhat are High-Risk Mortgages?
Many people think that in order to get a mortgage in Canada, you must have a great credit score, and generally this is true. However, there is a certain type of mortgage, called a high-risk mortgage, that allows people even with blemished credit to still become a homeowner in Canada. So when your credit score…
Read moreShould a Review of CMHC be Taken?
The Canadian Mortgage and Housing Corporation (CMHC) has helped millions of Canadian homeowners obtain a mortgage. But now the International Monetary Fund (IMF) has issued a report that suggests a review of the CMHC practices may be necessary, and that there may be a better way of doing things. The IMF is a global organization…
Read moreWill Today’s Canada Mortgage be Underwater Tomorrow?
Prices are high in Canada, that’s not really any secret. The sky-high housing market began in Vancouver and now it’s made its way to Calgary and Edmonton. People anywhere East of there are now starting to worry that the rising house prices are going to make their way across the entire country. The problem is…
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