Fixed Rates Fall. How LOW???
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Description
Unpacking the Bank of Canada announcement, Fixed Rates Fall: 4.89% SHOWED UP. What’s it mean for Home Prices, also what an economic downturn means for house prices. And another Epic Ron Rant!
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Wow, this was a total shock, the Federal Government kept this under wraps: CMHC Amortization From 25 years to 30 years for EVERY First time Home Buyer not just New Construction Homes but the BIGGEST thing $1.5M instead of $1M Cap on Government Insured Mortgages. Yes Folks, a $1.5M home in Canada...
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