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President Donald Trump has broken his silence on the turmoil currently being experienced in the stock markets. According to him, investors are making a very big mistake by withdrawing from the market when there was nothing but good news concerning the economy. In a tweet, which revealed his reaction, the real estate mogul laments that…

Cryptocurrencies are making headlines in the news more than ever. Bitcoin has gained so much in value, and it is quickly becoming a preferred method of payment for high-end real estate transactions. A significant number of individuals, who have made millions in cryptocurrency, are now turning to real estate because it is a less volatile…

The first weeks of February saw wrenching volatility across most major stock markets, and this was observed with great concern amongst the various shareholders. Two conclusions can be drawn; firstly, many stocks are still doing very well in year 2018; secondly, Canada’s stock market has been performing poorly compared to the US market. During the…

The new mortgage rules aimed at cracking down on the Canadian mortgage market will result in about 100,000 people to fail a stress test on their finances. Starting January 2018, every unsecured borrower from a federally regulated lender will have their finance’s stress tested to ascertain that they will meet their mortgage obligation, should rates…

With a second mortgage, you have the ability to take a loan against the value of your home. Your home becomes an asset over time, and it grows in value, thus giving you the leverage you need to access more funding. If you feel baffled by all the hullabaloos about second mortgages in Canada, here…

Getting a mortgage is never a walk in the park. It is a complex process, and a time consuming one where most people normally end up making very costly mistakes. As a mortgage broker, it is imperative upon you to educate your clients about some of the huge mistakes they may fall for so that…

Becoming a mortgage broker is a challenging, but very rewarding career if you finally get the hang of it. For rookies in the industry, there is always a lot to learn, and several pitfalls to avoid. This is because the industry is ever evolving, and the only way to stay at the top of your…

Your role as a mortgage broker is not just to provide useful information and products to help your clients with their mortgage application. You also have a selling role, and one which you need to perfect if you want to reap the sweet fruits that come with successful mortgage brokering. For the year 2018, a…

The popularity of private mortgage loans in Montreal is expected to rise, following the introduction of the new mortgage regulations. They are a nice option, not just for individuals in need of mortgages, but they may be entangled by poor credit, but also for people who might find it difficult to get approved by the…

Christmas season is known to come with additional expenses. You may have to do extra shopping for family, buy gifts and presents for loved ones, or even take a vacation in another country. But when the time approaches, and you have no money, you may be tempted to apply for a personal loan to take…