Episode 04: Canada’s New Mortgage Rules - What You Need to Know Now!

from The Canadian Mortgage Show · host Alex Pang & Alex Shanks

Send us Fan MailIn this emergency episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks dive into the breaking news surrounding Canada's new mortgage rules and the U.S. Federal Reserve's major rate cut. We discuss the expansion of insured mortgages to 30 years for first-time buyers, the increase in the mortgage cap to $1.5M, and how these changes might drive debt and inflation higher. We also cover the latest on Canada's inflation rate and whether the Bank of Canada will follow the U.S. Fed in cutting rates.Resources Mentioned:CMHC’s updated insured mortgage guidelinesBank of Canada monetary report 2024 Our Hosts:Alex Pang Alex Shanks

Episode metadata supplied by the publisher feed · Published Sep 24, 2024

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Episode 04: Canada’s New Mortgage Rules - What You Need to Know Now!

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This episode is 25 minutes long.

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This episode was published on September 24, 2024.

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