Private lenders have doubled their share of Canadian mortgages since 2015. A Better Dwelling report revealed that private lenders originated over $2 billion last year and currently have about 7.87% of the national mortgage market. In fact, the private channel has enjoyed six straight quarters of market share growth. Private mortgage broker Amit Sandhu of […]
The Mortgage Market: 6.03 million: The number of homeowners with mortgages (out of a total of 9.8 million homeowners in Canada) 1.6 million: The number of Home Equity Line of Credit (HELOC) holders 11%: The percentage drop in resale activity compared to 2017 Resale activity is down 15% from the all-time record set in 2016. […]
“The stress tests are great,” Pasalis says of the measure which requires mortgage applicants to qualify for their loans at a higher interest rate than they are signing on for. As he sees it, there’s just one problem. “The problem is, it was probably too much, too quick.” The new mortgage rules have come at […]
https://sandhucapital.ca/wp-content/uploads/2019/01/Mortgage-Stress-Test.jpg750900Amithttps://sandhucapital.ca/wp-content/uploads/2018/04/logo-gold-e1563252697943.pngAmit2019-01-17 14:42:032019-01-17 14:42:06The Problem with the Mortgage Stress Test
If you lived through the recent real estate and economic recessions, the very headline of this article might cause you some emotional pain. Less than ten years ago, the country was swept with an economic crisis the likes of which our generation had never seen. I personally remember driving down the street in California’s Central […]
https://sandhucapital.ca/wp-content/uploads/2018/11/Wealth-real-estate.jpg6671000Amithttps://sandhucapital.ca/wp-content/uploads/2018/04/logo-gold-e1563252697943.pngAmit2018-11-29 17:46:262018-11-29 17:46:26Why Real Estate Can Build You Consistent Wealth
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Private Lending Continues To Grow
/in Mortgage, Real Estate /by AmitPrivate lenders have doubled their share of Canadian mortgages since 2015. A Better Dwelling report revealed that private lenders originated over $2 billion last year and currently have about 7.87% of the national mortgage market. In fact, the private channel has enjoyed six straight quarters of market share growth. Private mortgage broker Amit Sandhu of […]
Mortgage Market Statistics
/in Mortgage, News, Real Estate /by AmitThe Mortgage Market: 6.03 million: The number of homeowners with mortgages (out of a total of 9.8 million homeowners in Canada) 1.6 million: The number of Home Equity Line of Credit (HELOC) holders 11%: The percentage drop in resale activity compared to 2017 Resale activity is down 15% from the all-time record set in 2016. […]
The Problem with the Mortgage Stress Test
/in Economics, Mortgage, Real Estate /by Amit“The stress tests are great,” Pasalis says of the measure which requires mortgage applicants to qualify for their loans at a higher interest rate than they are signing on for. As he sees it, there’s just one problem. “The problem is, it was probably too much, too quick.” The new mortgage rules have come at […]
Why Real Estate Can Build You Consistent Wealth
/in Mortgage, News, Real Estate, Real Estate Development /by AmitIf you lived through the recent real estate and economic recessions, the very headline of this article might cause you some emotional pain. Less than ten years ago, the country was swept with an economic crisis the likes of which our generation had never seen. I personally remember driving down the street in California’s Central […]