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Private mortgage lending involves individuals or private entities lending money directly to borrowers for real estate transactions, bypassing traditional financial institutions like banks or credit unions.
Private mortgage lending involves individuals or private entities lending money directly to borrowers for real estate transactions, bypassing traditional financial institutions like banks or credit unions.
Canadian real estate has significantly increased in value over the last decade which has been greatly beneficial for investors but makes expanding a portfolio or getting into real estate increasingly difficult.
The Bank of Canada today reduced its target for the overnight rate to 4.25%, with the Bank Rate at 4.5% and the deposit rate at 4.25%. The Bank is continuing its policy of balance sheet normalization.
The Bank of Canada on July 24th reduced its target for the overnight rate to 4.5%, with the Bank Rate at 4.75% and the deposit rate at 4.5%. The Bank is continuing its policy of balance sheet normalization.
Canada’s population surpassed 41 million for the first time on April 1, marking an increase of nearly a quarter-million people from the previous quarter.
Canadian home sales fell 1.7% in April, with varying provincial trends. Discover the factors influencing market conditions and the economic impacts.
Budget 2024 encourages affordability with $53B in spending, while increasing the capital gains exemption to $1.25M and introducing the Entrepreneur’s Incentive.
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