Newsletter Archives

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  2nd Quarterly Report 2025

We are pleased to share the 2nd quarterly report of the year. Our mortgage portfolio is performing well and we remain committed to being consistent, disciplined, and focused on growth.

Northwood Mortgage Investment Corporation is currently paying dividends of:

· 8.5% compounded monthly for Pool B

· 8.84% for reinve

  2nd Quarterly Report 2025

We are pleased to share the 2nd quarterly report of the year. Our mortgage portfolio is performing well and we remain committed to being consistent, disciplined, and focused on growth.

Northwood Mortgage Investment Corporation is currently paying dividends of:

· 8.5% compounded monthly for Pool B

· 8.84% for reinvested dividends for Pool B

· 5.5% compounded monthly for Pool A

· 5.6% for reinvested dividends for Pool A

The Bank of Canada has maintained its key interest rate steady at 2.75%. This follows a series of rate cuts since mid-2024 that have helped reduce borrowing costs by a total of 175 basis points. These cuts were made to support the economy as growth has slowed and inflation has eased. While no additional rate reductions were announced in July, the Bank has hinted that more cuts could happen later in 2025 if the economy needs it. Many experts believe the policy rate might drop to 2.25% by the end of the year, making it a more attractive environment for buyers.

On the housing front, things are starting to get exciting! According to the Canadian Real Estate Association (CREA), home sales saw an increase of 3.6% from April to May 2025, which is the first time this year we’ve seen a month-over-month rise. The average home price is currently at $691,300, down by 1.8% compared to May 2024. In markets like Toronto, sales in June jumped over 8% compared to May, and we’re also seeing more listings come onto the market. Even though prices are still lower than a year ago, the surge in activity and available homes could signal a positive change after a slow period.

Real estate professionals and economists are optimistic! With lower interest rates and strong buyer demand, we may see increased market activity in late 2025. The national economy remains robust, avoiding recession, although trade and employment uncertainties persist. For those considering a move, the rest of 2025 could be an ideal time to take advantage of lower prices and improved affordability.

The next rate announcement is happening on July 30th. 

Thank you for your continued trust and support. We look forward to keeping you updated and working together to make the most of what 2025 has to offer.

June 30th, 2025

1st Quarterly Report 2025

We are pleased to share the first quarterly report of the year and announce that there has been an increase in the dividends effective February 1st, for those investing in our Pool B portfolio. The dividends have increased to 8.5% compounded monthly and 8.84% for reinvested dividends.

Our mortgage portfolio conti

1st Quarterly Report 2025

We are pleased to share the first quarterly report of the year and announce that there has been an increase in the dividends effective February 1st, for those investing in our Pool B portfolio. The dividends have increased to 8.5% compounded monthly and 8.84% for reinvested dividends.

Our mortgage portfolio continues to perform well, and that solid performance has allowed us to increase returns to you, our valued investors. We're focused on staying consistent, disciplined, and growth-minded as we progress.  Northwood Mortgage Investment Corporation is paying dividends of:

· 8.5% compounded monthly for Pool B

· 8.84% for reinvested dividends for Pool B

· 5.5% compounded monthly for Pool A

· 5.6% for reinvested dividends for Pool A

Good news for aspiring homeowners—affordability is on the rise. Compared to the same time last year, March 2025 brought a noticeable dip in borrowing costs and home prices. This has made monthly mortgage payments more manageable for households looking to enter the housing market. However, despite the improved affordability, many buyers are choosing to wait. With trade uncertainties still lingering and a federal election on the horizon, potential homeowners are keeping a close eye on economic stability and policy direction. Confidence in long-term employment remains a key factor in the decision to purchase.

Encouragingly, housing continues to be a priority for all major federal parties, as reflected in their election platforms. While the national conversation has largely centered on trade policy, housing remains a vital issue for Canadians — and one that’s getting the attention it deserves. As we continue through the year, we're encouraged by the evolving opportunities in the housing market. While some challenges remain on the horizon, we believe our disciplined approach positions us—and you—for continued success.

Thank you for your continued trust and support. We look forward to keeping you updated and working together to make the most of what 2025 has to offer.

April 30th 2025

  4th Quarterly Report 2024 

Happy New Year! We are happy to report upon the completion of our 4th quarter that Northwood Mortgage Investment Corporation continues to pay dividends of:

· 8.0% compounded monthly for Pool B

· 8.3% for reinvested dividends for Pool B

· 5.5% compounded monthly for Pool A

· 5.6% for reinvested dividends for Pool A

A

  4th Quarterly Report 2024 

Happy New Year! We are happy to report upon the completion of our 4th quarter that Northwood Mortgage Investment Corporation continues to pay dividends of:

· 8.0% compounded monthly for Pool B

· 8.3% for reinvested dividends for Pool B

· 5.5% compounded monthly for Pool A

· 5.6% for reinvested dividends for Pool A

As we step into 2025, the Ontario mortgage market continues to evolve. In December policymakers decided to cut the policy rate by 50 basis points for the second consecutive time, bringing the overnight rate down to 3.25 per cent. Also, here are a few of the key changes that were implemented recently.

• The price cap for insured mortgages will be      increased from $1 million to $1.5 million, effective December 15, 2024.      This adjustment reflects current housing market realities and aims to help      more Canadians qualify for a mortgage with a down payment of less than 20      percent. This is the first increase since 2012 and will assist more      Canadians in purchasing homes.
• Additionally, the eligibility for 30-year mortgage      amortizations will be expanded to include all first-time homebuyers and      all buyers of new construction, also effective December 15, 2024. This      change is intended to reduce monthly mortgage payments and make home-buying      more accessible. By supporting the purchase of new constructions,      including condos, the government aims to further encourage new housing      development and address the ongoing housing shortage. This builds on the      Budget 2024 commitment that was enacted on August 1, 2024, which allowed      30-year mortgage amortizations for first-time homebuyers purchasing new      builds, including condos.

According to Toronto Regional Real Estate Board (TREBB) president Elechia Barry-Sproule, “Borrowing costs were top of mind for home buyers in 2024. High interest rates presented significant affordability

hurdles and kept home sales well below the norm. The housing market did benefit from substantial Bank of Canada rate cuts in the second half of the year, including two large back-to-back reductions. All else being equal, further rate cuts in 2025 and home prices remaining below their historic peaks should result in improved market conditions over the next 12 months.” 

As we move into 2025, Northwood Mortgage Investment's priorities remain:

• Maintaining      strong returns for shareholders.
• Expanding      our portfolio through high-quality investments.
• Adapting      to market dynamics while safeguarding capital.

We are confident in our ability to continue delivering consistent results and thank you for being an integral part of our journey.

January 30, 2025

3rd Quarterly Report 2024

We are happy to report upon the completion of our 3rd quarter that Northwood Mortgage Investment Corporation continues to pay dividends of:

· 8.0% compounded monthly for Pool B

· 8.3% for reinvested dividends for Pool B

· 5.5% compounded monthly for Pool A

· 5.6% for reinvested dividends for Pool A

Great news for Can

3rd Quarterly Report 2024

We are happy to report upon the completion of our 3rd quarter that Northwood Mortgage Investment Corporation continues to pay dividends of:

· 8.0% compounded monthly for Pool B

· 8.3% for reinvested dividends for Pool B

· 5.5% compounded monthly for Pool A

· 5.6% for reinvested dividends for Pool A

Great news for Canadians seeking interest rate relief. The Bank of Canada (BoC) announced a significant 0.5% cut to its overnight rate on October 23, 2024 — marking the most substantial reduction in its overnight rate in 2024 bringing the key interest rate to 3.75%

The rate cut offers key benefits for first-time homebuyers, including lower borrowing costs, increased affordability, and mitigating rising home prices. The 0.5% cut improves affordability and buyer confidence, presenting a strong opportunity for first-time homebuyers. Lower borrowing costs directly impact homeowners with variable and adjustable rates and those with car loans, lines of credit, and business loans. 

The Canadian Real Estate Association (CREA) has downgraded its 2024 housing market forecast again, citing the limited impact of recent Bank of Canada rate cuts. CREA now expects 468,900 properties to change hands this year, a 5.2% rise from 2023, down from its earlier predictions of 6.1% in July and 10.5% in April.

In September, the average home price rose 2.1% year-over-year to $669,630, with CREA forecasting a modest 0.9% price increase for 2024. Sales in September were up 6.9% year-over-year but only 1.9%month-over-month, reflecting slower-than-expected market activity despite rate cuts. Buyers are taking their time, with new listings up 16.8% year-over-year. A stronger rebound is expected by spring 2025.

Some market experts are predicting an imminent correction warning the need for diversification and hedging odds against a possible historical correction. I think we can make a case that the housing market has weathered its own market turbulence and is on a foreseeable path to recovery.  The Northwood MIC with its proven track record is a key component of a prudent investor’s diverse portfolio. 

Northwood Mortgage's 3rd Annual Charity Golf Tournament was a great success bringing together partners and agents for a day of friendly competition, community spirit, and charitable giving at the Pheasant Run golf course. The event featured activities like closest-to-the-pin and longest-drive contests, all proceeds raised will be donated in support of Sunnybrook Foundation’s Brain Cancer Research. A highlight was patient Andy Hodgson’s talk on how Focused Ultrasound surgery transformed his life.  Read his story HERE. The tournament's success was made possible by generous sponsors, whose support maximized donations.

We appreciate your continued trust and investment in the Northwood Mortgage Investment Corporation. We are actively looking to grow our portfolio and are seeking new investors. If you know any individuals within your network who may be interested in this opportunity, please pass along our information. We are happy to answer any questions they may have about investing. 

October 30, 2024

  2nd Quarterly Report 2024

We are happy to report upon the completion of our 2nd quarter that Northwood Mortgage Investment Corporation continues to pay dividends of:

· 8.0% compounded monthly for Pool B

· 8.3% for reinvested dividends for Pool B

· 5.5% compounded monthly for Pool A

· 5.6% for reinvested dividends for Pool A

Great news! The Ba

  2nd Quarterly Report 2024

We are happy to report upon the completion of our 2nd quarter that Northwood Mortgage Investment Corporation continues to pay dividends of:

· 8.0% compounded monthly for Pool B

· 8.3% for reinvested dividends for Pool B

· 5.5% compounded monthly for Pool A

· 5.6% for reinvested dividends for Pool A

Great news! The Bank of Canada (BoC) has decreased its key interest rate again to 4.50 percent, marking the bank's second rate cut since March 2020 and all signs indicate to expect more.  Since November, there has been a drop in fixed rates by almost a whole percentage point.

Real estate activity across Canada in June showed a decrease in both sales and housing prices compared to June 2023, according to the Canadian Real Estate Association. However, sales showed a slight improvement compared to May 2024. The latest data from CREA revealed that home sales activity, as recorded in the Canadian Multiple Listing Service (MLS), increased by 3.7 percent between May and June 2024. Nevertheless, monthly sales were 9.4 percent lower compared to June 2023. The average home price in Canada for June 2024 was $696,179, marking a 1.6 percent decrease compared to the previous year.

So far, the Canadian economy has avoided an outright recession. The BoC expects economic activity to remain weak through the first half of 2024, before picking up in the second half of the year and into 2025. Potential buyers waiting for the BoC to continue to cut interest rates are still holding off, however, the recent rate cut may see an increase in new home buyer activity.

Looking ahead, the housing market in Canada is expected to start moving, with predictions that the provincial economy could rev up in 2025. The BoC will drop its policy interest rate to a much more attractive 2.25 percent by 2025, according to a recent TD stat.

Our Third Annual Golf Tournament in support of The Sunnybrook Foundation’s Brain Cancer Research Program, in memory of Art Appelberg is on August 21st, 2024. If you are interested in participating or supporting Northwood and this great cause, please reach out to Mirella Hrywnak at 416-969-8130 x 250

We appreciate your continued trust and investment in the Northwood Mortgage Investment Corporation. We are actively looking to grow our portfolio and are seeking new investors. If you know any individuals within your network who may be interested in this opportunity, please pass along our information. We are happy to answer any questions they may have about investing at Northwood Mortgage Investment Corporation.brand that delivers quality every time.

 July 31st, 2024

  1st Quarterly Report 2024

We are happy to report upon the completion of our first quarter that Northwood Mortgage Investment Corporation continues to pay dividends of:

· 8.0% compounded monthly for Pool B

· 8.3% for reinvested dividends for Pool B

· 5.5% compounded monthly for Pool A

· 5.6% for reinvested dividends for Pool A

The Bank of Cana

  1st Quarterly Report 2024

We are happy to report upon the completion of our first quarter that Northwood Mortgage Investment Corporation continues to pay dividends of:

· 8.0% compounded monthly for Pool B

· 8.3% for reinvested dividends for Pool B

· 5.5% compounded monthly for Pool A

· 5.6% for reinvested dividends for Pool A

The Bank of Canada has continued to keep its key interest rate unchanged at 5% since July 2023. However, over the past two years the interest rate on both variable and fixed-rate mortgages has risen significantly. This has made it difficult for new homebuyers to enter the market and existing homeowners upon renewal of their mortgage face higher monthly expenses.

On a positive note, there has been a drop in fixed rates by almost a whole percentage point since November. We are now seeing individual lender promotions available to mitigate the effect of the rate hold.

Potential buyers have been waiting on the sidelines for the Bank of Canada to cut interest rates, which most economists predict will happen in mid-2024. Once this occurs, we will see more inventory which will spur on new home buyer activity. The recent federal budget introduced an incentive program to assist First Time Home Buyers to purchase new construction properties.

Looking ahead, the housing market in Canada is expected to start moving but remain somewhat unpredictable. While some analysts anticipate a gradual cooling of prices as supply increases and demand moderates, others warn of continued volatility, particularly in hot markets like Toronto and Vancouver. Factors such as immigration, the shortage of building materials and workers, and regulatory changes will all play a role in shaping the housing market's future.

We are pleased to announce our Third Annual Golf Tournament in support of The Sunnybrook Foundation’s Brain Cancer Research Program, in memory of Art Appelberg on August 21st, 2024. If you are interested in participating or supporting Northwood and this great cause, please reach out to Mirella Hrywnak at 416-969-8130 x 250

We appreciate your continued trust and investment in the Northwood Mortgage Investment Corporation. We are actively looking to grow our portfolio and are seeking new investors. If you know any individuals within your network who may be interested in this opportunity, please pass along our information. We are happy to answer any questions they may have about investing at Northwood Mortgage Investment Corporation.

April 30th, 2024