Archive for February, 2016

Canada’s New Mortgage Rules Explained

As of Monday (Feb 15th 2016) Canada’s new laws on mortgages came into effect. The new law increases the amount of downpayment a purchaser must come up to 10% on properties that exceed $500,000. But what does this mean and how will it possibly affect you? Here are a few scenarios which help explain how the…

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Why The Wealthy Are Focused On Real Estate

BY DAVID ISRAELSON With markets roiling in 2016 and commodities lingering in low-price limbo, the holdings of high-net-worth investors can serve as indicators of where the rest of us might consider parking our nest eggs. It turns out that a good chunk of wealthy peoples’ investments is in real estate. “Real estate is generally accepted…

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