The Bank of Canada (BoC) meets eight times a year to decide whether the key policy interest rate needs to be adjusted or needs to be kept stagnant. When the BoC feels that inflation is under control and monetary policy is overly restrictive, it usually lowers the policy interest rate. On 29 January, the BoC…
Want to become a mortgage investor? Canadian investors are increasingly making investments in the mortgage industry via private mortgage investment firms, or MICs. With the interest rates experiencing a downfall in the recent years, mortgage investments in British Columbia has seen a good surge. Compared to conventional fixed income investments, MICs offer consistent returns and significantly higher…
Want to become a mortgage investor but don’t know how it works? In addition to helping many Canadians afford their homes, mortgages are among the most popular ways for investors to increase their wealth by leveraging their investment and earning consistent dividends. Mortgage lenders frequently turn to investors for the funding they need to provide…
When diversifying your real estate holdings, there are a number of factors to take into account, regardless of how many properties you own. Diversifying your real estate holdings has several advantages. To begin with, having a varied portfolio of industries and types of real estate reduces the risk of financial gaps and enables you to…
Planning to invest in a mortgage pool? Are you a first time MIC investor? If yes, you must be aware of the uncertainties and risks that comes with a mortgage investment. To prevent falling victim to such uncertainties, it is recommended that you stay up to date on the newest financial trends and investment advice….
Interested in becoming a mortgage investor? Want to put your dollars in a mortgage pool? When it comes to becoming an investor, there are so many ways you can invest in mortgages. To make sure you choose the right one, understand your needs and expectations and consult a mortgage investment consultant in Abbotsford to find…
Mortgage Investment Corporation (MIC) is a non-bank based investment company controlled by a diverse group of shareholders who invest in a mortgage pool. Mortgage loans are backed by an underlying real estate owned by the mortgage borrower, also known as collateral. Since non-bank mortgage interest rates are generally higher than bank mortgage rates, this is…
Mortgage Investment Corporations (MICs) are types of investment funds that enable investors to invest or pool their cash in residential mortgages on behalf of their shareholders. It is one of the most popular investment plans in the Canadian market, providing investors with exposure to the private mortgage industry. In other words, a mortgage investment corporation…