The Impact of High Interest Rates on the Housing Market

2024-04-26T19:25:34-04:00By |Commercial Mortgage|

In a time when everything seems divisive, from politics to entertainment, the one thing that everyone agrees on is that life has become extremely expensive. The rise in inflation has caused us to see a rise in prices from groceries to housing. The financial challenges extend to the housing market, where many who make a good living and have been approved for a mortgage will label themselves as ‘house poor,’; many millennials or young adults continue to rent due to being priced out of the housing market. The Bank of Canada has not raised rates in [...]

Tips on Business Financing

2021-01-19T11:24:35-05:00By |Commercial Mortgage|

  When it’s time to grow your business you need options: in other words, you need a mortgage broker in Hamilton, ON. Your competition isn’t going to wait just because you need extra funding; when you need funding, you need it now. Speak with a professional like Diane Bertolin to learn how obtaining financing for your small business can not only help you to scale responsibly and sensibly but the best practices you need to know to get you there. Plan ahead to borrow when the time is just right You may think the time is, [...]

Repositioning Your Commercial Space

2018-12-19T10:29:36-05:00By |Commercial Mortgage|

The next time you find yourself feeling saddened about a commercial property that’s falling apart and has seen better days, consider doing something about it! Repositioning a commercial property is actually more feasible than you might think – and makes a lot of sense. So regardless of whether you have your eye on a commercial property that needs some serious TLC or you want to reposition your current commercial property for a quick sell or just to give yourself some working capital to fund future streams of income, get to know the concept behind repositioning [...]

It’s a Commercial Sellers’ Market

2018-07-12T14:20:10-04:00By |Commercial Mortgage|

Many commercial property owners are wondering when the time will be right to sell their commercial real estate. They have misgivings about the federal government's policy concerning interest rates. In most cases, it takes a professional commercial and industrial real estate professional to answer these questions. It is true that interest rates are currently rising, which signals to most property owners that there will be an increased risk on their parts. But when interest rates are rising, the result is that the cost of mortgage capital increases. However, according to Investopedia, mortgage rates make up only a portion of [...]

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