With interest rates increasing and new mortgage regulations making it harder to consolidate debt through refinancing, we may soon see a spike in mortgage defaults. Is your collection department ready?…
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What’s the key to landing better real estate deals? Performing better property searches. If the last time you took a look at your property search techniques was when interest rates…
In 2018, York Region saw the highest percent of refinanced mortgages sourced from private lenders in the GTA. Of the five GTA regions, York Region had 21%. The next highest…
An optimized underwriting process can lead to: Catching problems earlier. Identifying upsell opportunities. Building better partner relationships. And ultimately closing more deals. Is your process optimized? Check out our guide…
Undisclosed debts or encumbrances are bad news for a real estate deal. This could result in: A deal falling through at the last minute, or The deal going through, but…
From 2016 to the second quarter of 2018, detached homes without a sale took the bulk of private lending activity. 49% of private lending volume went to these types of…
The Canadian condo market is continuing to grow in popularity. In 2017, three out of every four homes built were multi-family units, compared to 65% the decade before. Should you…
Manulife announced in early October 2018 that they are revamping their mortgage product line. This includes: Readvanceable mortgages so borrowers looking for HELOCs can automatically have equity added to their…
It can be difficult to determine the right listing price in a steady housing market. In a shifting market, like we are dealing with today, it can seem downright impossible….
It is becoming increasingly difficult for the millennial generation (ages 25-to-34-years-old) to break into the Canadian real estate market. Higher home prices, higher mortgage rates, increased interest rates, stress tests,…
