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Episode 177: Canada's Mortgage Rates, New Regulations, and Mortgage Portability Benefits
Manage episode 458063957 series 3584094
Вміст надано Steve Hamoen. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Steve Hamoen або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
In this episode, we begin with an introduction and a sponsor message from Real Approved Inc. The discussion focuses on Canada's mortgage rates and the anticipated interest rate cuts by the Bank of Canada in 2024. We then examine new mortgage regulations, including the increase in the insured mortgage cap and the extension of amortization periods. The conversation shifts to mortgage portability, highlighting the ability to switch lenders without requalifying. We explore the impacts on different market segments and potential benefits for investors. The episode concludes with closing remarks and a sponsor reminder from Real Approved Inc. (0:00) Introduction and sponsor message from Real Approved Inc. (0:38) Canada's Mortgage Rates and Bank of Canada's Interest Rate Cuts in 2024 (1:26) New Mortgage Regulations: Insured Mortgage Cap Increase and Amortization Extensions (2:13) Mortgage Portability: Switching Lenders Without Requalifying (2:35) Market Segment Impacts and Investor Benefits (3:15) Closing Remarks and Sponsor Reminder
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