Tag Archives | financing

CMHC Mortgage Regulations to Restrict Real Estate Investment

By on March 6, 2010 in Real Estate Investment

I’ve been hearing rumours recently that CMHC was changing their financing criteria for real estate investment properties. Over the last couple of weeks,we’re heard about raising the minimum downpayment (New Mortgage Rules for Real Estate Investment in Canada) that an investor would need to put down on a rental property (that wasn’t owner-occupied, meaning the [...]

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What to put in an offer when you’re buying investment real estate

By on February 3, 2010 in Featured Post, Real Estate Investment

A friend of mine asked me this morning what clauses we usually put in an offer, when we’re helping our clients buy and sell an investment property in Ontario.  While every purchase and sale will have unique features demanding custom clauses – often a few Schedules worth of them – most of the time, we [...]

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What is the Bank of Canada doing with mortgage rates?

By on January 13, 2010 in Featured Post, Real Estate Investment

Many people are speculating that the Bank of Canada will be raising rates.  While the consensus amongst those I speak to is that rates have nowhere to go but up (and we are closing on a loan with a 2.4% interest rate on friday, so that’s a pretty solid perspective), the question seems to be [...]

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