CMHC 2015 Mortgage Consumer Survey

CMHC 2015 Mortgage Consumer Survey

(CMHC) – Canadian Mortgage and Housing Corporation   Source: Hannif Highclass Publish: @Fund2Go – Bank | Private Mortgages & Loans   In March 2015, CMHC completed an online survey of 3,510 recent mortgage consumers, all prime household decision-makers who had undertaken a mortgage transaction in the past 12 months. Fifty-eight percent...

Read More

Home Buyers and Singles? – Are Falling For Their Dream Home

Home Buyers and Singles? – Are Falling For Their Dream Home

Some Highlights:

24% of all recent home buyers were single at the time of purchase
47% of single men cite the desire to own a home of their own as the primary reason to buy
18% of first-time buyers were single women

Read More

Apples to Apples – Price Per Square Foot – in Pricing a Home

Apples to Apples – Price Per Square Foot – in Pricing a Home

A Poor Value Indicator Source: Hannif Highclass Publish: @Fund2Go – Bank | Private Mortgages & Loans   Is pricing your home per square foot important? This is a question that lots of buyers and sellers want to know. In real estate, as with many things in life, the easiest solutions to a problem are not always the best solutions. Take calculating...

Read More

Scammers target consumers with bad credit

Scammers target consumers with bad credit

ONLINE LOANS Source: Hannif Highclass Publish: @Fund2Go – Bank | Private Mortgages & Loans   Thousands of Canadians are losing money every day to scam artists operating on-line loan companies. Unable to borrow money from traditional lenders because of poor credit, these scammers target individuals who are having trouble obtaining cash or credit....

Read More

What – Interest Rate Going Up!

What – Interest Rate Going Up!

What if, Bank of Canada increases rates Source: Hannif Highclass Publish: @Fund2Go – Bank | Private Mortgages & Loans    Bank of Canada & Key Interest Rate When Bank of Canada governor Stephen Poloz took the bank’s reins in June 2013, the interest rates were at its lowest. That rate has yet to budge from one per cent mark set by Poloz...

Read More

How to Build Credit Without a Credit Card

How to Build Credit Without a Credit Card

Check Your Credit Report Anyway Source: Hannif Highclass Publish: @Fund2Go – Bank | Private Mortgages & Loans    Building credit from scratch is made difficult because it’s hard to get credit when you’ve never had credit. However, it is important to have a good credit rating for many reasons. Good credit helps you when you are wanting to buy...

Read More

4 Reasons to Buy NOW!

4 Reasons to Buy NOW!

We are talking Toronto market Source: Hannif Highclass Publish: @Fund2Go – Bank | Private Mortgages & Loans     Summer is here! The temperature isn’t the only thing heating up right now, so too is the housing market! Enough with the doom and gloom about homeownership. Hannif Highclass explains why owning a home is a good thing. Five...

Read More

Don’t Buy a Home Alone –

Don’t Buy a Home Alone –

A Mortgage Professional can help Content From: Mortgages Report Publish: @Fund2Go – Bank | Private Mortgages & Loans     INTERVIEW Answers & Questions about Mortgage Brokers and the Services they offer.     What are the benefits of using the services of a mortgage professional when buying a home or renewing a mortgage? Mortgage...

Read More

How to Make Commercial Real Estate Profitable

How to Make Commercial Real Estate Profitable

Learn What the Insiders Know Source: John Benson: Finance Love Life Publish: @Fund2Go – Bank | Private Mortgages & Loans     INCREASE VALUE There are a number of ways for a commercial real estate investor to increase the value of his property and make his commercial real estate more profitable.   INCREASE RENTS Increase below market...

Read More

Mortgage Insurance Premiums Go Up |Funds2Go

Mortgage Insurance Premiums Go Up |Funds2Go

Mortgage insurer Genworth follows CMHC in raising premium Source: Hannif Highclass Publish: @Fund2Go – Bank | Private Mortgages & Loans     What’s Happening? Canada Mortgage and Housing Corporation (CMHC) is increasing mortgage insurance premiums 15 per cent for homebuyers with the smallest down payments, effective June 1. The increase...

Read More

Is a Straw Borrower Committing Fraud?

Is a Straw Borrower Committing Fraud?

Everything You Need to Know About Straw Buyers and Straw Mortgages

Do you believe a straw borrower is committing mortgage fraud if they are purchasing the home and taking out the mortgage for a friend or family member who is not going to use the home to commit a crime?

Read More

Monday Morning Interest Rate Update – January 5, 2015

Monday Morning Interest Rate Update – January 5, 2015

Five Factors That Will Drive Canadian Mortgage Rates in 2015 Source: My Funding Source Publish: @Fund2Go – Bank | Private Mortgages & Loans   Happy New Year and welcome back! In today’s post we’ll kick off 2015 by looking at five key factors that will significantly influence the direction of Canadian fixed and variable mortgage rates in the...

Read More

TIPS FOR FINDING FUNDING FOR YOUR START-UP

TIPS FOR FINDING FUNDING FOR YOUR START-UP

4 Great Tips Source: My Funding Source Publish: @Fund2Go – Bank | Private Mortgages & Loans   Entrepreneurs are full of great ideas and powerful ways to implement them, but like anything in life, starting a new business requires a hefty stack of cold, hard cash. At one time, gathering this cash required hours of traipsing business plans to one...

Read More

You Only Have $5.

You Only Have $5.

What is the Best Way to Invest and Grow your Money? Source: My Funds2Go Publish: Funds2Go – Bank | Private Mortgages & Loans The following answer by Visakan Veerasamy, teaches you how you can grow your money when you only have $5. I remember reading Tina Sellig’s (executive director of the Stanford Technology Ventures Program) book- What I wish I knew...

Read More

What is Appraisal & Assessment Values

What is Appraisal & Assessment Values

The Difference Between Appraisal And Assessment Values Source:     Hannif Highclass c/o Genie Sabre Realty Inc. Publish:     Toronto Real Estate Blog When buying or selling a home, you sure learn alot of new words. ARM, loan limits, adjustments, mortgage interest adjustment, buyer agency….the list doesn’t end. However, there are two terms that you will always...

Read More