Episode 165: New Mortgage Rules, Amortizations, and Ontario Real Estate Market Trends

In this episode, we start with an introduction and sponsor message before delving into new Canadian mortgage rules, including a price cap increase and expanded 30-year mortgage amortizations under the Mortgage Charter. We discuss updates to the mortgage stress test and potential interest rate cuts. The episode also covers national home sales and price trends, along with economic updates and the removal of the stress test for certain mortgages. We highlight government efforts on long-term fixed-rate mortgages and fraud prevention. The housing crisis's impact on housing starts, trends in variable-rate mortgages, and Ontario real estate market updates are explored. We conclude with the launch of Property.ca's The Boulevard Branch and closing remarks.