The Bad News Show | EP. 80
Description
Unemployment not good, Fixed Mortgage Rates edge up, we’re not sure we get another Rate Cut from the Bank of Canada in 2 weeks & Home Sales hit a 28 year low in Toronto. Hey Ron any good news: sure there is, its July & the weather is good. Stick around till then end for an EPIC rant about the 4M new homes that are an utter lie.
A lot Has Changed For The Big 5 Banks Since 2016: And They Did VERY WELL. B-20 Restrictions & then B-21 & then Stress Test increases & host of rules designed to tighten down on how Banks can lend had the amazing result of creating Super Select Borrowers for the Big Banks, so far...
Published 11/05/24
This is Rob’s THIRD time on the Podcast even if Ron completely forgot to introduce him (WTH) So MUCH mortgage stuff to cover. Newest rumors of future Emergency 50 BPS Rate Cuts by the Bank of Canada in December. Important questions about who can benefit from CMHC rule changes. What’s going to...
Published 10/29/24