Abbey Ridge MIC

Abbey Ridge MIC has reached 16 consecutive quarters of exceeding our target rate-of-return! Our investment strategy in the resilient Ontario real estate market continues to deliver solid results. We know you want the facts, so in Q3, 2024, we proudly report a rate-of-return of 8.2%. Our ability to deliver consistent risk adjusted returns year-over-year is reflected in our +68% portfolio growth rate (2024) and we have been performing above our target yield by 7%. Your continued trust and partnership help make this success possible. Together, we're building a strong future. #AbbeyRidgeMIC #Mortgages #Investing #OntarioRealEstate #Canada #MortgageInvesting #FinancialStrategy #SteadyReturns #QuarterlySuccess

🗞️🚨 INDUSTRY NEWS ALERT🚨🗞️ Last week, Finance minister Chrystia Freeland announced a hike in the insured mortgage cap to $1.5 million and an expansion of 30-year amortization eligibility. If you’re wondering how these changes will affect the Canadian mortgage industry, let us break it down for you: 🚨The decision to increase the insured mortgage cap means buyers purchasing a home up to a limit of $1.5 million can now use a downpayment of under 20% and avail of mortgage insurance. 🚨The decision to extend 30-year amortizations to more buyers means that this option is now available to both first-time buyers and all purchasers of newly built homes alike. 🚨Last week’s changes seem to be contributing to a general feeling that the market is moving in the right direction. The Bank of Canada has cut its benchmark rate three times in recent months, and a fall in fixed rates since April is also boosting confidence among homeowners and buyers alike. How do you feel about the announcement? Let us know in the comments below, and be sure to follow Abbey Ridge MIC for more Canadian mortgage industry news. #AbbeyRidgeMIC #Mortgages #Investing #OntarioRealEstate #Canada #MortgageIndustryNews #CanadianMortgageIndustry

🚨BIG NEWS JUST IN: The US Fed has just reduced interest rates by 0.5%!🚨📉 Here’s what this means for the Canadian real estate market: ✍🏽Lower Mortgage Rates: Expect a drop in Canadian mortgage rates, making home loans more affordable. This could boost homebuyer activity and potentially drive up property prices. ✍🏽Increased Investment: With US assets becoming less attractive, more investors might turn to Canadian real estate, leading to higher property values and greater competition in the market. ✍🏽Economic Boost: Stronger US economic conditions can positively impact the Canadian economy, increasing consumer confidence and fueling demand in the housing market. Stay tuned for how these changes might affect your property investments and home-buying plans! #RealEstate #CanadianHousingMarket #InterestRates #USFed #MortgageRates #PropertyInvestment #MarketTrends

Abbey Ridge MIC is proud to boast about our 8.2% rate of return to our investors as of the last quarter. What does this mean for you? When you choose to invest with us, you can have confidence in our steady track record of sustained increases. As our company continues to grow, so does our rate of return. The proof is in the numbers. Head on over to our website www.abbeyridgemic.ca to see for yourself how an investment today can pay off greatly in the long-run. #Mortgages #Investing #OntarioRealEstate #Canada #MortgageInvesting #FinancialStrategy #EasyInvesting #FinancialFreedom

Embrace the tortoise approach with Abbey Ridge MIC 🐢 Slow and steady wins the race in investing, leading to a more secure and prosperous financial future. #SlowAndSteady #LongTermSuccess #Mortgages #Investing #OntarioRealEstate #Canada #MortgageInvesting #FinancialStrategy

🗞️🚨 INDUSTRY NEWS ALERT🚨🗞️ This morning, the Bank of Canada cut its benchmark interest rate by 25 basis points, bringing it down to 4.25% Today’s rate cut announcement marks the third consecutive cut by BOC since June 2024 – it is also the first time the central bank has posted three consecutive reductions since the 2009 global financial crisis. The 25 basis point cut was widely expected by economists and analysts predict more cuts could be on the horizon. The next rate announcement will be on October 23rd, 2024✍🏼 Stay tuned to our socials for the latest Mortgage Industry News!🗞️ #MortgageInvesting #BankofCanada #InterestRates #Mortgage #Investing #IndustryNews

🚨🗞️ INDUSTRY NEWS ALERT 🗞️🚨 The Bank of Canada just lowered its benchmark interest rate by 25 basis points, bringing the policy rate to 4.5%. This was a widely expected move and the rate cut comes as inflation moderated to 2.7% in June, with price pressures broadly easing. ✍🏼The next rate announcement is scheduled for Wednesday, September 4th, 2024. Reach out to us if you have questions about how this affects your mortgage investments now, or in the future. #Mortgages #Investing #OntarioRealEstate #Canada #MortgageInvesting #FinancialStrategy #MortgageIndustryNews #TorontoHousingMarket #BankOfCanada https://lnkd.in/gg4twJRv

A recent article posted by BNN Bloomberg gives us insight on the growth of opportunities in Toronto’s housing market for homebuyers, compared to recent months. After the Bank of Canada lowered its policy rate in June by 25 basis points, licensed mortgage broker Leah Zlatkin quotes that “we saw a flood of new listings enter the market.” Although rates remain high, those that can afford a mortgage at these rates will find more opportunity to purchase than in the recent past. Zlatkin also noted that while mortgage rates are currently higher than they would be following additional rate cuts, home prices are likely to be lower now than they will be going forward. This could be the perfect chance for you to take advantage of the current housing market in Toronto. Connect with us today to learn how you can turn this opportunity into an investment of your own. #Mortgages #Investing #OntarioRealEstate #Canada #MortgageInvesting #FinancialStrategy #MortgageIndustryNews #TorontoHousingMarket https://lnkd.in/gkUiZeXe

We had a great time at ONMICA Trade Show today. . Loved getting the opportunity to engage with so many people in the industry and exchange information and ideas that will only strengthen our relationships as a whole. . Already looking forward to the next industry gathering. . #ONMICA #MortgageInvesting #tradeshow #Ontario

Really looking forward to attending the ONMICA trade show tomorrow. Pop by our stand and say hello! . Don't forget to use discount code 24AbbeyRidgeGuest at checkout if you haven't signed up already. . Looking forward to seeing you there! . #ONMICA #MortgageInvesting #tradeshow #Ontario #Brampton