About: Rakhi Tejani

Recent Posts by Rakhi Tejani

MICs Provide Mortgage Financing When Big Banks Won’t

Canada’s real estate market is one of the strongest in the world, but Canada’s mortgage growth has fallen to its lowest level in nearly 20-years. Why? Stricter lending rules, higher interest rates, and areas with high real estate prices, like …

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New Stress Test Rules Freezing Out First-Time Homebuyers

Stricter lending rules, higher home prices, and rising interest rates are shutting out younger, first-time homebuyers. New mortgage rules have made it increasingly difficult for prospective first-time homebuyers to be able to afford a house.

According to a new report, …

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Mortgages to New Owners Drops Across Canada

The housing market remains hot in places like the Greater Toronto Area. While this is great news for those who own homes, it is making it difficult for those looking to get onto the property ladder. In fact, higher housing …

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Historic Homes or Buildings in the GTA

The Greater Toronto Area (GTA) has an illustrious history that is often overlooked by residents. Over the last century, this region has gone from city to mega-city, steadily evolving since being known as Muddy York. Part of the GTA’s history are homes and buildings that have stood the...
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Mortgage Company of Canada supports Special Olympics of Ontario

12Mortgage Company of Canada Supports Special Olympics of Ontario. Toronto Police welcomes all to Law Enforcement Torch Run for Special Olympics 1pm Jun14/2018 40 College St. We're honoured to receive donations from BMO, RBC Capital Markets, CIBC, Forman Manufacturing Inc & Mortgage Company of Canada totalling +$40,000...
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The GTA is a Great Choice for Young Couples

12The GTA is one of Canada’s most thriving and populous communities. With over 6 million residents, it attracts people of all ages and from all walks of life. Historically, young couples have flocked to the area; finding attractive amenities, a large inventory of properties and space...
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Mortgage Company of Canada Appoints Faheem Tejani as President

Toronto, March 5, 2018 – Mortgage Company of Canada (the “Company”), a Toronto-based Mortgage Investment Corporation (MIC), is pleased to announce that Faheem Tejani has joined the Company as President, effective today. Mr. Tejani is a seasoned financial executive with 20 years of capital markets and financial industry experience. Mr. Tejani has...
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Toronto Housing Market – Spring Report

breakfromtoronto1It’s been a long, cold wait but spring has finally arrived in Toronto. The weather is beginning to warm, the Maple Leafs and Raptors are both in the playoffs, and it’s a good time to reflect on how lucky we are to live and work in...
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Finding the Right Mortgage Investment

mic-imgPeople wanting to invest in the GTA housing market have a few different options to consider. One option is to approach a traditional mortgage lender and apply for a mortgage which will go towards buying a property. Another option is with a mortgage investment corporation (MIC),...
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2018 Housing Market Forecast

960x0Will 2018 be a volatile year for the GTA housing market? Or will buyers, sellers and investors experience flat prices and the positive impact of recent Government intervention, a hot rental market and the rate increase by the Bank of Canada?

Pricing

Amid any potential volatility, prices could...
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Mortgage Company of Canada announces the appointment of Brian K. Johnston to its Board of Directors

Toronto, January 23, 2018 – Mortgage Company of Canada (the “Company”), a Toronto-based Mortgage Investment Corporation, is pleased to announce that Brian K. Johnston has been appointed to the Company’s Board of Directors, which will be effective January 23, 2018. Mr. Johnston is a seasoned real estate industry executive with more than...
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Overlooked Factors Impacting the GTA Housing Market

real-estate.jpg.size-custom-crop.1086x0At any one time, the GTA real estate market can be impacted by several factors. While something as broad as the economy will have a direct impact, there are other factors driving or impeding a market that tends to receive less attention. To understand what can cause...
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Newcomers are Driving the Economy

1107679_stock-photo-large-group-of-happy-children-different-ages-and-races-crowdWith the recent events in North America and abroad, Canada has opened its doors to a wave of immigrants seeking a safer home and opportunity. As newcomers settle in cities like Toronto and Vancouver, they are having a prominent effect on the economy, which in turn,...
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Gauging the GTA’s Real Estate Supply

real-estate-housing-canadian-press-cropped-8colIn real estate, supply drives demand and dictates market health. For years, the GTA has benefitted from an ample supply of desirable real estate inventory. Recent events, though, including the interest rate increase and new regulations passed down by the Federal Government have led to a...
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Mortgage Company of Canada Announces an Increase in Target Yield to 9.25%

TORONTOSept. 19, 2017 /CNW/ - Mortgage Company of Canada (the "Company"), a Toronto-based Mortgage Investment Corporation ("MIC"), is pleased to announce that it has increased the minimum target yield of its portfolio from 9% to 9.25%. "This is a landmark announcement for Mortgage Company of Canada," said Raj Babber, Founder, President and CEO. "It...
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Mortgage Company of Canada Announces Q2 Bonus Dividend

TORONTO, Sept. 15, 2017 /CNW/ - Mortgage Company of Canada (the "Company"), a Toronto-based Mortgage Investment Corporation ("MIC"), today announced that it will issue a second quarter bonus dividend of $0.0091 a share. The dividend will be paid on or about September 25, 2017 to all shareholders of record...
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The Influence of Best Practices on an Investment Strategy

rsz_shutterstock_130356110Choosing an investment partner is a big deal, one that can dictate your financial health. As you review firms and advisers, it’s important to understand what they stand for and how they intend to manage your portfolio. There are a lot of opportunities for investments to sour....
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