Bank of Canada's rate cut, Ontario housing, and Steve Hamoen on due diligence

Steve Hamoen discusses the Bank of Canada's rate cut and its potential future actions, how it affects mortgage qualifications, and when rates might change. He covers Nesto's acquisition of CMLS group, Ontario's home start goals, and factors impacting housing starts. Criticism of Ford's policies and population growth's effect on housing demand are also explored, along with a segment on due diligence in home buying. (0:00) Introduction by Steve Hamoen (0:37) Impact of Bank of Canada's rate cut (1:18) Will the Bank of Canada cut rates again? (2:34) When will my rate change? (4:02) Will the rate cut help me qualify for a mortgage? (5:21) Nesto's acquisition of CMLS group (8:38) Ontario's home start goal and CMHC data (10:38) Factors affecting Ontario's housing starts (14:12) Criticism of Ford's housing policies (18:26) Impact of population growth on housing demand (20:44) Sponsor mention: Sherwood Mortgage Group (21:36) Allegations against Cartel and Boi, LLP (23:54) Importance of due diligence in home buying (24:37) Closing remarks by Steve Hamoen