This chapter explores the mindset of Canadians regarding house prices, the impact of borrowing against home equity, the influence of interest rates and mortgage terms, the emergence of exotic mortgages, and the potential challenges and opportunities in the Canadian housing market.
Get in, Fools! We’re going to Canada.
Nick Sciple and Jim Gillies, both analysts for The Motley Fool Canada, caught up to talk about the macro environment in America’s Northern Neighbor and opportunities investors can find in a messy housing market. They also discuss:
- The deceptive nature of “static” mortgages
- 6 bank stocks that are long-term, growing winners
- And a company that “specializes in the absurd”
Tickers discussed: CM, BNS, TD, RY, BMO, TSX:NA, BB, SHOP, TSX: CSU, TSX: ATD, TSX: SJ
Host: Nick Sciple
Guest: Jim Gillies
Producer: Mary Long
Engineers: Dan Boyd, Tim Sparks
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