Despite the overall decline in home sales in 2023 due to increased interest rates, high-net-worth U.S. real estate investors remained active in the luxury market. In the third quarter of 2023, the luxury market outpaced the mainstream market, growing three times faster. According to Jason Aleem, Redfin’s Senior Vice President of Real Estate Operations, paying…
A secret many wealthy U.S. real estate investors use is the practice of holding properties within an LLC. Using an LLC to hold real estate for investments has almost become a given with many tax benefits, liability protection, and acceptance by lenders. If you think about it, any company earns revenue, and in this case,…
Did you know we have a very active Canadian mortgage business with teams based in Vancouver, Calgary, and Toronto? Here is an updated copy of our GMG Canada Loan Program Canadian Real Estate Outlook for 2024…eh! Like its southern neighbor, we’ve watched the Bank of Canada hike up their benchmark interest rate. Now, there’s talk that…
What a year it’s been and the resiliency of asset markets in the face of everything that was thrown at it was truly amazing! We are living through unprecedented times with technology and crypto experiencing another bull market, U.S. elections in 2024, and potential rate cuts around the world. Could we be “back to the…
Between 2022-2023, the U.S. hosted over 1,000,000 international students, +12% from the previous year, the fastest growth rate in more than 40 years! (The Open Doors® 2023 Report on International Educational Exchange, Nov 13) Let me repeat this… The U.S. saw a 40-year high growth rate in international students attending U.S. universities between 2022-2023! What was also…
GMG Presents… Mortgages for Luxury French Property with… 100% Purchase Price Financing! THE ALLURE OF THE FRENCH RIVIERA Nestled on France’s southern coast, near the Italian frontier, the French Riviera showcases some of the most enchanting towns you could envision. With its chic allure, this region has magnetized celebrities for generations. Boasting approximately 300 sunlit…
One of the biggest surprises for me this year has been how popular Japan has been as an investment destination. Whether it’s a small condo in Ginza for an individual investor or a multi-unit apartment building in Roppongi for a family office – demand has been strong and consistent over the past 12 months, but…
Are you a current or former client advisor or private banker? Do you have a substantial social media following or a strong network of contacts? Do you want to make significant commissions with simple referrals? With bank lending becoming more difficult globally, there is an urgent need for alternative lending options! This is where we…
The RICO Global Mortgage Group launched “The RICO” (Rental Income, COverage) program, which uses the borrower’s capacity to service or repay the yearly debt payment to the amount of net operating income (NOI) generated by the property. Simply put, if the current or projected rental income covers its mortgage payments and other costs – you…
Global Mortgage Group Pte. Ltd. is the world's leading international mortgage specialist. Based in Singapore with offices and partnerships across the globe, we connect our international clients to our network of lenders around the world. GMG offers financing solutions in the United States, United Kingdom, France, Canada, Australia and Singapore.