April 5, 2017 – Houses in the Greater Toronto Area have been reaching record prices and many Canadians cannot afford to buy a home. Many current homeowners with low-interest mortgages, but Ron explains that he is beginning to see people struggle with the costs of owning a home.
March 16, 2017 – The US Federal reserve has raised their interest rate and have two additional increases planned for 2017. Canada’s interest rates are impacted by those in the US and Ron explains what he believes will change in Canada.
October 20, 2016 – The federal government’s new mortgage rules are leaving many people looking for ways around the new restrictions. A number of altespecialisenders specialize in working with those turned down by banks. Ron Alphonso is one of these lenders, and explains what options consumers have.
October 18, 2016 – Canada’s federal government implemented new rules that aims to limit the number of mortgage applications that qualify for mortgage insurance. These new rules are designed to cool Canada’s red hot real estate market, and prevent a potential market correction’s ability to hurt Canadian banks. Ron Alphonso explains the potential impact these rules will have on the less regulated private lending market.
November 28, 2015 – Ron shares his opinion on the current state of Toronto’s real estate market, as well as where he would recommend purchasing a new home.
November 4, 2015 – The cover story in the November issue of Toronto Life focused on some of our past clients and the private lending industry. The story goes into detail about how Ron saved his clients from power of sale proceedings and gives a warning about taking on too much debt.