Home Capital to trade its commercial mortgage broker portfolio to King - Sett for $1. What this shows, just using the initial example, is the impact of your rise of 100 basis points, or even a full percentage point, on three renewal scenarios, including an excellent mortgage of $400,000 with remaining amortization of 20 years. Home Capital's profit grew only 2 percent while its total portfolio of residential mortgages shrank by 3. Peter Watson, of Peter Watson Investments MBA, CFP, RFP, CIM, FCSI, supplies a weekly financial planning column, Dollars and Sense. The demand to rent condos is planning to remain strong in the low vacancy rates, higher interest costs and tougher lending rules that could sideline some would-be buyers. 73 per cent of the detailed pipeline route have been approved and 64 of 98 pre-construction conditions for that project are actually fully satisfied.

25% of first-time buyers and previous owners are planning to pay between $300,000 and $500,000 on the next home.