Edmonton Real Estate Investor: Peter Kinch Mortgage Minute

Happy New Year! We're in a deep freeze in Alberta and nothing better to do than get up on all the mortgage rules. You can also try the MPEMBA effect with the kids when you're done.

Peter Kinch on CTV explaining the new stress test on mortgages in 2018. HERE

"Some of the reporting and headlines recently have been borderline irresponsible so it’s important now, more than ever, to read beyond the headlines. Included in this week’s Mortgage Minute™ is an article suggesting CMHC could lose a $Billion – but when reading further, this is only in the event of a doomsday" Peter Kinch

New mortgage rules start today - see what Peter Kinch has to say.

This Peter Kinch interview on Rush TV is great to watch. Real estate terms, generational wealth, investment real estate and forecasting on interest rates are covered.

Opened my mail today to find Peter Kinch's Mortgage Minute newsletter in my inbox. It's always a great read and especially informative if you have mortgages to renew or are considering the best tactics for reducing your expenses and increasing cash flow on investment properties through intelligent financing.

Here are three links from his blog enjoy!

2012 Real Estate Market

Pros and Cons to purchasing American Real Estate and Part Two

We did just see a rate hike about 2 days ago. Luckily I've been able to lock in rates with my bank for my next purchase. Peter Kinch thinks October for the next one. I think buy while you can because prices will rise and interest rates make a huge difference in your cashflow. Lock in if rates increasing worries you and if it doesn't ride the variable over the long term it's proven to cost you less.