The David Lin Report ‘Continued Chaos’ In Housing: 'Bloodbath Of Losses' Happening Now | Ron Butler
Jul 5, 2025
Ron Butler, Principal Mortgage Broker at Butler Mortgage and host of The Angry Mortgage podcast, offers a no-holds-barred look at the current chaos in the housing market. He discusses the unsettling trend of high mortgage rates, ongoing affordability issues, and the unique challenges facing Canadian markets post-election. Butler also dives into predictions for rental market changes, the impact of regional dynamics, and government initiatives that may miss the mark. His candid insights make this conversation a must-listen for anyone interested in real estate.
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Refinance Before Rates Rise
- Refinance your mortgage now if rates seem poised to rise soon.
- Acting before rates increase can save you money even if the current rate isn't ideal.
Affordability Trumps Lower Rates
- Affordability issues stem from stagnant wages against high inflation and living costs.
- These economic pressures reduce home buyers' willingness to enter the market even if mortgage rates drop slightly.
Housing Prices Outpace Wages
- Home prices' 60% growth since 2019 is far beyond real wage increases.
- This mismatch heavily contributes to current housing unaffordability crises.