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Episode 07: Major Shake-Up for Homebuyers: What These New Rules Mean for You!
Manage episode 444514154 series 3598209
Contenuto fornito da Alex Pang & Alex Shanks, Alex Pang, and Alex Shanks. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Alex Pang & Alex Shanks, Alex Pang, and Alex Shanks o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
Episode Description:
In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks discuss the latest updates impacting homebuyers and mortgage holders in Canada. From OSFI’s removal of the stress test for uninsured mortgage renewals to new government deals for affordable housing in BC, and the details of the $1.5M insured mortgage cap for first-time homebuyers—there’s a lot to unpack. They also answer listener questions in the Viewer Mailbag segment. Don’t miss out on the insights that could save you thousands on your next mortgage or home purchase!
Topics Covered:
- OSFI Removes Stress Test for Uninsured Mortgage Renewals (Effective Nov 21st)
- BC Government Partners with First Nations for Affordable Housing Development
- Insured Mortgage Cap Raised to $1.5M for First-Time Homebuyers
- BC’s Record-Low Fertility Rate & Canada’s Demographic Decline
- Bill C-71 – Citizenship Act Amendment
Follow Our Hosts:
Alex Pang - @alexpangmortgage
Alex Shanks - @alexshanksmortgagemanagement
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