Angry Mortgage

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Rob is the first 2 time Special Guest and we hit all the 2024 predictions: Mortgage Rates! House Prices! Elections! Long frigging list.

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US Federal Reserve shocks Mortgage World, Canadian Bond Yields fall off a cliff, will lower mortgage rates create a Real Estate Bounce in the Spring? Or will Recession & Rates in the high 4% Range do too much damage. Ron lights up the Landlord & Tenant Board.

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Unpacking the Bank of Canada announcement, Fixed Rates Fall: 4.89% SHOWED UP. What’s it mean for Home Prices, also what an economic downturn means for house prices. And another Epic Ron Rant!

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Bank Loan Loss Provisions, GDP Reports, the Race Between Mortgage Rate Cuts & Recession & Ron looks like he may pop a vessel in his Toronto Rant.

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Airbnb BIG News, The Finance Minister Introduces the Canadian Mortgage Charter: is it utter BS? NEW Inflation Print is in. Has Tiff Macklem run up the White Flag on Rate Hikes? And More Mortgage News.

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The Mortgage Landscape in Canada is changing fast, everyone hated Variable Rates for the last 20 months now the number of people CHOOSING Variable Rate has increased 550% in just 6 weeks. RE Sales Volume continues to grind down everywhere but Calgary. Is the Recession here? And a real rant on WTAF.

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Big Show: Ron Goes To Parliament! Wild they would let him in! Ron testified before the Finance Committee on several topics: Mortgage Income Document Fraud comes under the microscope, Short Term Rentals need to be banned, House Prices in Canada MUST come down: Fairness for the Next Generation is sorely needed. WTAF! Just under 10K New Canadians arrive every WEEK in Canada & TODAY there are FEWER Homes being built. URGENCY in solving this disaster is becoming overwhelming.

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Albert Collu is the President & CEO of Marathon Mortgage Corp and has been a high level executive at both Lenders and Brokerage Networks for over 20 years. Albert brings us insights into how a Mortgage Finance Company actually works and shares his knowledge on what’s facing the Canadian Mortgage Space. It’s exciting to host a mortgage industry leader like Albert 

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Jann & Ron discuss the rapidly changing Fixed Rate Landscape, how big a drop, how soon, how far will they fall and what about Variable Rates and HELOCS? What’s the Bank of Canada doing that may have caused this drop. What the hell have Boomers done to the youngest generation of homebuyers. And WTAF is the Immigreation department doing about getting the right professionals and Trades into Canada

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Jann and Ron discuss the Bank of Canada’s recent No Rate Increase Nothingburger, what was Tiff Macklem really trying to say in his Press Conference, are we just being Manipulated? Are the Canadian and US economies becoming VERY divergent? Will there be more Condo Construction Failures? Sure looks like it. And WTAF is going on with White Collar Crime in Canada

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