Transcript of Video Blog: Hi everybody, it’s Rowan Smith with the Mortgage Centre. Today I’m going to talk about non-resident mortgages. So a non-resident is somebody who is defined as not living within Canada but trying to buy real estate here. It may be for rental purposes, it may be for a second home or
Will Dunning, Chief Economist for the Canadian Association of Accredited Mortgage Professionals (CAAMP), of which I am a member, wrote an article for the Mortgage Journal called “Keep an Eye on Wealth Effects”. What is the ‘Wealth Effect’? It’s really all about perception…. our perception of wealth, particularly with respect to the value of our
