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4min chapter
Lower Mortgage Payments! (Could Be Bad?)
TLDR
Reforming Mortgages: A Double-Edged Sword
This chapter explores recent changes in Canadian mortgage regulations aimed at improving housing affordability, such as increasing the insured mortgage cap and reducing down payment requirements. While these reforms may lower monthly payments for buyers, they also lead to higher overall interest costs, raising concerns about long-term financial burdens.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode