Protected: Facts By Email #48 – Commercial At $1 Billion A Month – Where To Get In On The Action
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CMHC LOOKS AT VANCOUVER: KEEPS BLINDERS ON WHERE CONDO PRICES ARE RISING FASTEST LANDLORDS: MAKE MONEY IN A FLAT MARKET FLYING TO AFFORDABILITY HOMELY HAMILTON AMONG HOT ONTARIO MARKETS RISING FORECLOSURES HAUNT HONG KONG HOUSING ANOTHER REASON NOT TO BUY WITH A NATIVE LEASE
1. With our central banker, lowering rates - even planning to go negative - in order to stimulate exports it makes it easier to afford larger and larger mortgages. As a result CMHC will be ordered to tighten rules more and more for investors. It is already dramatically more difficult to get approved for an investment mortgage
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For years we hear the ads on radio and TV… "No money down, no money down". Sounds like snake oil … yet I keep hearing that you can still buy real estate with no money down. Truth or fiction? Well, there are ways to buy with "no money down", some are easy and obvious, others