The Canadian government has announced a series of changes to the mortgage rules, and have introduced news ones. It appears that most of the changes are targeted at taming the high demand being witnessed in the country’s fastest growing housing markets – Vancouver and Toronto. Here are some of the regulations, the impact they are […]

It sounds harsh, but it is a fact, which has been demonstrated time and time again that extending private loans to friends and family is a bad idea for the most part. If you want a good experience in terms of giving out money to friends and family members, then when letting go of the […]

Second mortgages have become so popular in recent years in the Canadian mortgage market. However, not so many people have a good understanding of them, and have always been skeptical about trying them out. Here is all you need to know about these mortgages, should you consider going for one: They are just like any […]

Private mortgage funds have provided an alternative investment option for many individuals across the globe. It should be noted that long-term bond funds come with significant risks, should interest rates move upwards. Short term bonds on other hand cancel such risks, but with the disadvantage of having low returns. With private mortgage funds, investors can […]

Canadian alternative lender, Home Capital Group Inc. was at the brink of collapse due to the intense fraught housing market being witnessed across the country, but now they have a lifeline, thanks to Warren Buffet’s Berkshire Hathaway Inc. Berkshire has agreed to acquire a 38.4% stake of the company’s shares. This translates to about C$400 […]

Welcome to the Guardian Financing August 2017 monthly newsletter. This month’s issue is a recap of the recent interest rate hike, and its impact on the Toronto and Quebec markets, respectively. Recap of the Recent Interest Rate Hike Although the BoC has stated that the economy is strong and is “approaching full capacity”, that “inflation […]

No one desires to have bad credit. The limitations it comes with can be quite devastating. However, having a poor credit score is not the end of the world, and there are a number of funding options you can still access, despite the poor score. If you wanted to go for a mortgage, yet you […]