Episode 34
Fixed vs Variable Rates, Federal Budget Impact, and CMHC's New Mortgage Rules
Ontario Mortgage & Real Estate Insights Podcast · Sandy MacKay, Steve Hamoen
August 2, 202421m 29s
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Show Notes
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(0:00) Introduction to fixed mortgage rates and bond yields
(1:00) Analysis of fixed and variable-rate mortgage trends
(3:44) Breaking high-rate mortgages: costs and penalties
(5:35) Federal budget's effect on first-time homebuyers and amortization periods
(6:58) Influence of Canada Mortgage and Housing Corporation (CMHC) on housing market
(10:01) Developer perspectives on tax reductions and government measures
(12:04) Development fees and their effect on housing supply and affordability
(13:40) Federal investments in affordable housing and National Housing Strategy
(17:31) CMHC's Frequent Builder framework and new mortgage rules
(19:42) CMHC's Home Start product and agency objectives