One Crazy Week In Mortgages | EP. 64
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What a Week! The Federal Liberal Government ran out the completely fake Renter Bill of Rights: We break down that Tissue of Lies
OSFI the Bank Regulator laid plans to make just a little harder for Canadians to get mortgages in 2025. Blind Trust Insanity: CRA created a massive paper jungle for anyone who wanted to co-sign on their kids house. And when the Competition Bureau told the OSFI boss Peter Routledge he needed to change the Stress Test on straight renewals Peter told them to Eff Themselves
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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...
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
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