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Market Monitor

We keep our finger on the pulse of the mortgage investment market to provide you with the latest news and trends from our team of experts. Read our blog to get the latest on mortgage investing so you can invest with CMI.

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22 April 2013

Toronto Buyers and Agents Need to get Creative with Offers in Today’s Market

Bidding wars are nothing new in Toronto’s market. At the height of the real estate boom last year, it wasn’t uncommon to see seven or more offers on any one property. But the fact is that now, Toronto buyers are fed up. They’ll do just about anything to prevent getting involved in a bidding war,…

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22 April 2013
Foreigners Quickly Scooping Up some of Canada’s Hottest (and Most Expensive) Properties

What do you do if you’re a Syrian, Egyptian, or European with millions and you want to keep it safe? You choose Canada’s softening real estate market to park it in! That is at least, according to Sotehby’s International Realty. The real estate agency says that they’ve seen greatly increasing numbers over the last several…

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21 April 2013
How Much is a Costco Membership, and is it Worth It?

This morning we delved into CAA memberships, what they cost, and if they’re worth it to the average consumer. We thought as a follow-up to that, we’d delve into Costco memberships too, and see if those are also worth it to the average consumer. With so many people seeing those huge bulk bags of cookies…

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21 April 2013
How Much is CAA, and is it Worth It?

When most people think of CAA and the services they provide, they typically only think about the roadside assistance this company delivers. Yes, if your car ever breaks down or you become stuck on the side of the road somewhere, they will come and tow your car, while also often giving you a ride back…

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20 April 2013
How Much of a Down Payment Should You have for a Rent to Own Property?

Many people who are still renting and dreaming of that one day when they will enter home ownership have heard about rent to own homes. These homes allow you to move in, make a monthly payment just as you would with either a mortgage or rental agreement, but a portion of that rent is reserved…

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20 April 2013
Ottawa Introduces New Bank Rules, but Brokers say They’re not Enough

While mortgage brokers may have thought Finance Minister Jim Flaherty went too far with the mortgage rules he’s put into place the last several years, they think he hasn’t done nearly enough to protect consumers from “mortgage specialists” at banks. It was last week that Ottawa announced that they were going to be cracking down…

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19 April 2013
Money Talks: Volume 21

This week there was a Bank of Canada rate announcement, tips on how to keep the value of your home, and how the housing market in Canada might just be experiencing a spring boom after all. Without further ado, here’s our best of the web roundup this week! Real Estate Home sales edge up in…

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