Q: To what extent are these two - or others like them - influenced by higher rates. My understanding was that this had become a very competitive sector yet both have appreciated significantly in recent months. What are their prospects?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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MCAN Mortgage Corporation (MKP)
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Firm Capital Mortgage Investment Corporation (FC)
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Timbercreek Financial Corp. (TF)
Q: I'm aware of the interest rate and housing market sensitivity, but I'm still intrigued by the yield. Are the payouts of such MIC's classified as true dividend income (eligible for the dividend tax credit)?
If you aren't a big fan of these MICs, what would be your top 3 picks for companies with high (as safe as possible) yields (north of 6%)?
Thank you
If you aren't a big fan of these MICs, what would be your top 3 picks for companies with high (as safe as possible) yields (north of 6%)?
Thank you
Q: Currently I hold MKP in my RRSP with the intent of receiving income and as a long term hold.
Given the new mortgage rules should I be reassessing whether to keep this stock?
Given the new mortgage rules should I be reassessing whether to keep this stock?
Q: Prior to Brexit there was considerable discussion about the need to address Cdn house price overvaluation, likely through mortgage terms. I note that both MKP - MCAP and Timbercreek have worthwhile dividends, provided their pricing remains stable or positive. I note that you like MCAP but the question is what do their future prospects depend on?
Thanks
Thanks
Q: I would like your opinion on today's announcement of an IPO of MCAP. What effect will this have on MKP? Is this a gutting of MKP? Thanks as always for your service.
Q: Hi 5i
Would appreciate your comments on this stock.
Stan
Would appreciate your comments on this stock.
Stan