REITs – How They’re Changing the Face of Real Estate

EditorFamilyLending.ca, Financial Tips, First Time Home Owner, Household Budget, Housing Costs, Investment Property, Mortgage News, Real Estate Advice

The Financial Post recently reported that Canadian real estate investment trusts (REITs) have rallied to the highest levels in five years, and that’s despite Finance Minster Jim Flaherty’s constant threat of increased interest rates. So, just what is a real estate investment trust and how can it impact your best mortgage rate search? Let’s take a look.