Mortgage Investment Corporation Blog
Video: Why Do You Work at Great Pacific?
Paul E. Croy explains why he likes to work at Great Pacific Mortgage & Investments. He also talks about balancing investment portfolios and mentions MICs are suitable for replacing bonds or fixed income portions of a portfolio.
Balance in the Canadian Housing Market?
There was an interesting article written by The Canadian Press (posted February 17, 2010) regarding the Canadian real estate market. Victoria, Vancouver Island & BC are different ‘cups of tea’, but I certainly think that our market IS becoming more balanced and that anticipated, and coming, changes in ‘qualification criteria’ for ‘insured’ mortgages will actually assist in stabilizing our market.
The HST will certainly impact sales of homes priced at the mid – high end of our marketplace, but should not slow ‘entry level’ sales. Entry level sales inevitably drive the rest of the market so….. I am cautiously optimistic regarding our real estate market!
My thoughts on when / how higher interest rates will affect us is another matter… for another day.
TGIF… Go Canada!
Walt
Video: What is a Foreclosure? – Mortgage Investment Corporations
Rory Campbell and Walt Neufeld explain what is a foreclosure and how it is used to protect mortgage investments in Mortgage Investment Corporations.
Video: Who Borrows from a Mortgage Investment Corporation and Are the Rates Higher?
Walt Neufeld answers the question, “Who Borrows from a Mortgage Investment Corporation (MIC)?”. He also discusses the rates for borrowers and explains why the rates may be higher.
Video: Information about Mortgage Investment Corporations – Fine Print, Dividends & Redeeming Funds
Jeffery Moses discusses the fine print of Mortgage Investment Corporations (MICs). He also talks about how investors redeem their MIC funds and how Great Pacific distributes MIC dividends.
Video: What are the Average Yields Earned by Great Pacific MIC Funds?
Rory Campbell and Jeffery Moses discuss the current and historical yields of the MIC funds they manage. Investing in MICs is not like investing in stocks. It is a slow process of getting rich.
Video: What is the risk of investing in Mortgage Investment Corporations?
A discussion on the risk of investing in Mortgage Investment Corporation (MIC) Funds at Great Pacific Mortgage & Investments. – Rory Campbell and Walt Neufeld
Video: What is a Mortgage Investment Corporation (MIC)?
What is a Mortgage Investment Corporation (MIC) and who would invest in MICs? – Rory Campbell, Jeffery Moses & Walt Neufeld.
Video: 2009 The Year That Was
Mortgage Investment Corporation (MIC) financial highlights in 2009 and outlook for 2010. – Rory Campbell
5 Things You Should Ask Before Investing in a MIC
There are a lot of questions you should ask before making any investment. Here’s what we recommend you ask before putting your money into a MIC.
- Are you speaking to the person who will be making the investment or a salesperson?
- Can you call up any time to ask about decisions that have been made?
- What is the history of performance on this MIC?
- Does the MIC offer complete disclosure of its mortgage investment details?
- How does the MIC diversify its mortgage investments to protect investors?
- Is there a provision for losses and liquidity?
Not all MICs are the same – A quality MIC investment will provide full disclosure of mortgage investments.
