For those with a few bucks and a dream, playing Monopoly with real-life rental properties could again become a pastime in 2024/25.
To set that stage, let's start with six truths that bolster the case for rental investing:
1. Rents have soared double-digits to record highs — any
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In the last three months of 2023, the 4-year swap rate—a leading indicator of fixed mortgage pricing—plunged 125 bps. The descent trimmed down fixed rates by about 60 bps.
For the average Joe/Josephine getting a new $300,000 mortgage, that means a cool $8,700 that they
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In 2024, the pulse of the economy might as well be taken by checking the mortgage market's blood pressure. Mortgages are that critical to Canada's outlook.
Millions of borrowers want to know what lies ahead, as do mortgage pros. But we didn't want to
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Welcome to 2024, a year that promises to be easier on borrowers' wallets.
Sometimes, though, promises from the financial world are like that buddy who swears they'll help you move and never shows up.
That's why, even though the odds now favour floating-rate mortgages, it
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If you're a mortgagor, here's to a year of lower rates and greater savings, so you can invest in your future and not in interest!
If you're a mortgage professional, here's to a thriving mortgage market, thrilled clients and seamless transactions.
And
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