Lendworth Admin
GTA REALTORS® Release June 2024 Stats
June 2024 home sales in the Greater Toronto Area (GTA) were lower compared to the same month last year, according to the Toronto Regional...
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Lendworth Admin
Jun 302 min read
Crafting A Financially Savvy Future
In the fast-paced world of today, professionals often find themselves engrossed in their careers, ensuring success and stability in the...
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Lendworth Admin
Feb 62 min read
GTA REALTORS® Release January 2024 Stats
Home sales were up in January 2024 in comparison to January 2023. This annual increase came as some homebuyers started to benefit from...
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Lendworth Admin
Jan 312 min read
Empowering Families and Investors Alike: The Lendworth MIC Advantage in the Greater Toronto Area
In the bustling real estate landscape of the Greater Toronto Area (GTA), where families strive to secure affordable housing and investors...
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Lendworth Admin
Jan 252 min read
Bank of Canada maintains policy rate, continues quantitative tightening
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is...
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Lendworth Admin
Jan 212 min read
A Heartfelt Thank You to Our Shareholders: Reflecting on a Remarkable 2023 and Anticipating a Prosperous 2024 for Lendworth MIC
As we step into the new year, the team at Lendworth Mortgage Investment Corporation (MIC) takes a moment to express our deepest gratitude...
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Lendworth Admin
Jan 182 min read
The Consumer Price Index (CPI) rose 3.4%
The Consumer Price Index (CPI) rose 3.4% on a year-over-year basis in December, following a 3.1% increase in November. While gasoline...
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Lendworth Admin
Jan 132 min read
Maximize Your RRSP Contributions with Lendworth MIC
As the RRSP deadline approaches, it's crucial to seize the opportunity to optimize your financial portfolio. At Lendworth Mortgage...
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Lendworth Admin
Jan 52 min read
GTA REALTORS® Release December and Year-End 2023 Stats
While the overall demand for housing remained buoyed by record immigration in 2023, more of this demand was pointed at the rental market....
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Lendworth Admin
Jan 22 min read
The New Era of Real Estate in Ontario: Enhancing Consumer Protection and Transparency
The real estate landscape in Ontario underwent a significant transformation with the implementation of the Trust In Real Estate Services...
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Lendworth Admin
Dec 27, 20233 min read
How higher interest rates affect inflation
Keeping inflation stable and predictable is a key part of the Bank of Canada’s work to support the Canadian economy. The main way the...
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Lendworth Admin
Dec 19, 20231 min read
Canada's inflation rate holds steady at 3.1%
Canada's annual inflation rate was unchanged last month, holding steady at 3.1 per cent as progress on tamping down price growth stalled....
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Lendworth Admin
Dec 14, 20232 min read
Unlocking the Door to Homeownership: The Power of Pre-Qualification and Refinancing Exploration
Buying a home is a significant milestone, a symbol of stability, and often a lifelong dream. Whether you're a first-time homebuyer or a...
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Lendworth Admin
Dec 9, 20232 min read
GTA REALTORS® Release November 2023 Stats
High borrowing costs and uncertain economic conditions continued to weigh on Greater Toronto Area (GTA) home sales in November 2023....
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Lendworth Admin
Dec 6, 20232 min read
Bank of Canada maintains policy rate, continues quantitative tightening
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is...
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Lendworth Admin
Dec 2, 20233 min read
Mortgage insurers ordered to set aside more money for defaults as negative amortizations pile up
Despite the risk of increased defaults, mortgage insurers will be able to manage the downturn if the labour market remains resilient,...
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Lendworth Admin
Nov 26, 20232 min read
Canada's inflation rate cools to 3.1% but the cost of living keeps going up
Gasoline prices the biggest reason for the deceleration of inflation. Canada's consumer price index rose by 3.1 per cent in the year up...
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Lendworth Admin
Nov 19, 20232 min read
Financial stability in a world of higher interest rates
Why interest rates could stay higher than we’re used to in our financial landscape Let me start by saying the Bank’s monitoring of the...
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Lendworth Admin
Nov 19, 20232 min read
Lendworth MIC Equity Based Lending.
In the fast-paced real estate landscape of Toronto and major city centers in southern Ontario, finding a reliable and efficient mortgage...
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Lendworth Admin
Nov 12, 20232 min read
Simplifying Mortgage Payments: Introducing Lendworth MIC's Convenient Solution: Pre-Paid Interest.
In the realm of homeownership, managing monthly mortgage payments can often be a source of stress and concern. Juggling various financial...
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