Episode 105
Episode 105: 2024-2025 Housing Forecast, New Mortgage Rules, and Expert Insights with Clay Jarvis
Ontario Mortgage & Real Estate Insights Podcast · Sandy MacKay, Steve Hamoen
October 17, 202416m 20s
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Show Notes
In this episode, we welcome listeners back and provide updates from the Canadian Real Estate Association, including a revised housing market forecast for 2024-2025. We discuss the impacts of interest rates on real estate momentum, featuring expert insights from Clay Jarvis of NerdWallet Canada. The episode covers the federal government's new mortgage rule changes, adjustments to mortgage amortization, and the insured mortgage cap. We introduce a refinancing program for secondary suites and examine September's rebound in Canadian housing starts. We also explore evolving regulations for mortgage brokers and anti-money laundering efforts in real estate. The episode concludes with closing remarks and a preview of upcoming episodes.
(0:00) Welcome back and Canadian Real Estate Association updates
(0:18) Revised housing market forecast for 2024-2025
(1:26) Interest rate impacts on real estate momentum
(2:11) Expert insights with Clay Jarvis from NerdWallet Canada
(3:20) Federal government's new mortgage rule changes
(4:38) Mortgage amortization and insured mortgage cap adjustments
(7:47) Introduction of refinancing program for secondary suites
(10:36) September's rebound in Canadian housing starts
(13:12) Evolving regulations for mortgage brokers
(15:14) Anti-money laundering efforts in real estate
(15:59) Closing remarks and upcoming episodes