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Episode 177: Canada's Mortgage Rates, New Regulations, and Mortgage Portability Benefits
Manage episode 458063957 series 3584094
Steve Hamoen द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Steve Hamoen या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.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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