Private mortgages soar in popularity, are ripe for investment According to a report released this week, private lenders funded 20% of mortgage refinances in the second quarter of this year, highlighting how profitable mortgage investment is becoming.   The joint ...

The Office of the Superintendent of Financial Institutions is looking to regulate equity-based mortgages, and that could adversely affect Alt-A banks.   “As OSFI regulates schedule A banks, this will not affect private lenders, but will affect many of the ...

Fresh off the heels of making the 2018 Growth500 list with over 610% growth over the past 5 years, Matrix Mortgage Global celebrated the launch of CAPL (Canadian Administration Of Private Lending) at D.W Alexander with the Caped Crusaders himself: ...

According to a joint study by Teranet and Realosophy, 20% of refinances during the second quarter of 2018 were with private lenders. “The most likely reason is B-20,” said John Pasalis, president of Realosophy. “Generally, if people are going there, with the ...

Matrix Mortgage Global - Fixed or Variable: Now may be the time to rethink that choice The Bank of Canada raised its benchmark interest rate in July. For the fourth time in the last year. And many experts are expecting ...

Matrix Mortgage Global - Things to consider when taking a second mortgage: A second mortgage is a loan that you can take out using the equity in your home as collateral. How much equity you have in your home is ...

Matrix Mortgage Global - How bridge loans can help small businesses? A bridge loan is a type of short term loan used to help a person or a business get by until they can secure permanent funding, or to provide ...

Matrix Mortgage Global – How can I get a first-time home buyer’s mortgage if I have bad credit? Purchasing your first home can be an exciting time, but sometimes getting a first-time home buyer’s mortgage turns out to be more ...

Matrix Mortgage Global – Benefits of a Home Improvement Mortgage Is this the year that you finally need to have your roof redone? Or perhaps you’re ready to finally get your dream kitchen? Repairs and upgrades to your home can ...

Matrix Mortgage Global - Mortgage Stress Test is Pushing Young Canadians and Newcomers Out of Housing Market According to a recent study conducted by the Canadian Real Estate Association, the mortgage stress test that was introduced by the federal government ...