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From Don's Desk

mortgage

The Housing Market Boom: Hurdles Ahead


May 04 2010

Real estate has played a central role in the recent recession and the ongoing recovery from it. It was the collapse of the US sub-prime mortgage market that touched off the global downturn. And here in Canada, a quick resurgence in residential real estate has been a big driver of what so far has been fairly solid economic recovery.

ACIC lending policies include strong safeguards


Mar 02 2010

The type of mortgages that most people are familiar with are residential ones, secured against a house or condo and usually held by someone who lives in the property. In contrast, ACIC issues mortgages to real estate entrepreneurs, usually secured against commercial or multi-unit residential buildings.

ACIC Paid Out on Revitalization-Supporting Loan


Jan 04 2010

ACIC was recently paid out on a second-mortgage financing of a property in the historic 100-block of Vancouver’s West Hastings Street. It’s located right across from the landmark Woodward’s re-development, and in an area that’s the focal point for revitalization on the city’s downtown eastside...

Is money getting too easy to come by?


Nov 10 2009

A complex modern economy involves a lot of delicate balances. And in responding to one problem, policy makers can easily create another one. Some believe we’re seeing a development like this in the Canadian residential real estate market today…

ACIC Agents: Five things they can do for you


Aug 03 2009

ACIC has an experienced team of agents based around British Columbia and Alberta, who typically provide a point of personal and ongoing contact between the company and its investors. Among the key services agents can provide…

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