From the category archives:

real estate

Trouble Ahead With Option ARM Mortgages?

December 10, 2009 · 3 comments

in US economy, financing, interest rates, mortages, real estate, risk

Option ARMs are the new subprime.  Option ARMs stand for “payment-option adjustable-rate mortgages” – so-called because the rate paid on the mortgage varies with the market, but the total payment can be adjusted by the borrower according to his or her needs.  How’s that for a sweet deal?  It’s good right now, because interest rates [...]

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Investing in Canada’s Real Estate Market

December 9, 2009 · 0 comments

in Canadian, REITs, TSX, income trusts, investing, real estate

With the Bank of Canada holding interest rates at 0.25%, some are saying that Canada’s housing market is overheating.  Housing starts are up 21% over 2008 and building permits are up 18% (which are forward-projections).
At the very least, it is a sign of the strength of the Canadian housing market.  But it doesn’t speak to [...]

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