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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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19 April 2013

Toronto Police want Residents to be Careful about “Black Money Scam”

This time it was a mortgage case that caused one Toronto man to lose hundreds of thousands of dollars, but police say that it can happen to anyone selling any type of product. And that while the scam might appear to be fairly obvious to some, police also say that they’ve seen even the most…

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18 April 2013
Ontario to Introduce New Legislation for Debt Consolidation Companies

There are good ways to pay off your debt, and there are some not so good ways to pay off your debt. One great way is to borrow against your home with a debt consolidation loan, pay off your debts, and then start repaying the home equity loan, albeit with much lower interest rates that…

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17 April 2013
Toronto Condo Sales Drop 17% in First Quarter

Well here’s news for anyone hoping that the Toronto condo craze would continue (was there anyone?) While we reported this morning that Canadian home sales were up in March, and that the GTA was one area that saw improvement, their condo market still has a long way to go. Or, it’s already going in the…

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17 April 2013
Spring has Sprung, and Home Sales were Up in March!

Well, we knew it couldn’t last forever, this slight softening or cooling we’ve been in lately. And while we may revert back to those days, for now spring has sprung and the country actually saw an increase in March sales when compared month over month! As reported by the Canadian Real Estate Association, the number…

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16 April 2013
Toronto Developers get Creative with Condos

Just this morning we talked about the climbing number of condos in Montreal. In that post we talked about how sellers are going to have to start listening to the market, and bring their prices down. In Toronto though, it’s a different story. Here developers have already built their condos, and many have been left…

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16 April 2013
Want a Great Price on a Condo? Go to Montreal!

Toronto has been getting a lot of bad press lately for the amount of condos that are present within the city. But, Toronto’s not the only one with a lot of condos – Montreal has even more and here, it’s a buyer’s market! In March, the number of condos listed on the Montreal market skyrocketed…

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15 April 2013
Does Online Shopping do More Harm than Good?

What could be bad about it? You wake up with a hankering to read the first edition of Hemingway’s For Whom the Bell Tolls, or wanting to get that transmission part you need for when you work on your car this upcoming weekend. So  you get onto Google, find the best product for the cheapest price…

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