3min chapter

The Loonie Hour cover image

Fed Hikes Rates Despite Banking Crisis Spreading

The Loonie Hour

CHAPTER

The CMHC Mortgage Bubble in Calgary

The benchmark price in Calgary actually just hit an all time high last last month. Now, keep in mind like that market basically went sideways for a decade. So I think it's just I know people go, Oh, it's heading new all time highs. It must be a bubble. What about like what's the highest loan to value that someone can get? If you're under a million bucks, you can go up to 95% loan to value. That's CMHC. The federal government will basically ensure your mortgage.

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