Wild Times In Mortgage Rate World
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Description
US Federal Reserve shocks Mortgage World, Canadian Bond Yields fall off a cliff, will lower mortgage rates create a Real Estate Bounce in the Spring? Or will Recession & Rates in the high 4% Range do too much damage. Ron lights up the Landlord & Tenant Board.
More Episodes
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...
Published 09/17/24
Published 09/17/24
Unemployment hit 6.6% Is the Canadian Economy headed for the dreaded “R” Word? Shhhhhh…. Nah I will say it: RECESSION. One Employment Report does not mean Recession but a constant trend, and we’re 4 in a row is a bad trend & if it keeps heading past 7% then 8% is next in line. Ron breaks down...
Published 09/10/24