Yesterday’s Globe and Mail video features Canadian Real Estate Association Chief Economist Gregory Klump.
This news on housing starts and falling house prices across Canada paints a bleak picture so how can Canadian investors capitalize during times like this? We think investing in Canadian real estate and investing in Canadian mortgages through companies like AltaPacific Mortgages is a choice worth looking into. That might sound a little odd considering the latest news; but we feel that companies like ours are poised to deliver healthy returns to investors during times like these.
Investing in Canadian mortgages (Western Canadian mortgages which is AltaPacific’s specialty) is a smart way to invest RSP, RRSP, RRIF, or private placement funds if you’re aligned with a group of professionals that are experienced and who operate with integrity and honesty towards their investors and mortgage holders. While some larger financial institutions and well established mortgage companies struggle to deal with loans placed in recent years, AltaPacific’s lending guidelines in today’s market conditions are expected to mitigate investment risks. We fund only the best deals available to us in Western Canadian real estate and we expect investors in AltaPacific to see excellent returns in 2009 as we select mortgage opportunities that generate high yields.
Is AltaPacific more cautious due to current market conditions? yes.
Are we more excited about opportunities today because of market conditions? yes.
While current housing starts and real estate stats can be concerning in Western Canada; there are great opportunities in times such as these. AltaPacific is well suited and experienced to source and fund quality mortgage and real estate opportunities.
Many home owners, RSP investors and private placement investors have a lot of questions as uncertainty and less than positive news comes out from the many news sources. We invite investors (current and potential) to contact us to learn how AltaPacific MIC is using funds to generate healthy returns for investors.
