Mortgage brokers often advise those that can afford it, to invest in a second property. It’s all about the bricks and mortar apparently. But we’re not talking about buy-to-let properties here where investors get a return on their money. We’re talking of second homes. The ones that you see in quaint little villages that sit [...]
Posts Tagged ‘Purchasing’
Homeowners are Taking Out Mortgages – not to Purchase a Home – But to Boost Their Purchasing Power
Posted by admin on December 12th, 2009
Real estate has been an outstanding investment in most parts of Canada in the past few years. Home valuations are continuing to rise and have broken through the peak of their 1989 “bubble” in many areas of the country. That’s good news for Canada’s 7. 5 million home owners, who are enjoying an average increase [...]
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