Angry Mortgage

Ben Rabidoux, a Macro Real Estate expert and founder of Edge Realty Analytics, dives into critical issues in Canada's real estate landscape. He discusses white-collar crime in real estate and the wake-up calls surrounding the condo crash. Rabidoux also tackles pressing questions on population growth, rental market trends, and the looming impact of blanket mortgages. With insight into immigration policies and the need for tighter financial regulations, he highlights where accountability is sorely lacking in the current market.

Send us a textJeremiah is an Executive Vice President at Colliers & one of the leading Land & Building Salespeople in CanadaThis episode we are going to look at the current Housing Correction from the point of origin: buying the land to start the Development. He takes is through the Boom Cycle & the Bust CycleHow did we get here?And how long is this current cycle going to last Support the show

Send us a textRealosophy RealtyHaving John on the Pod was breakthrough in thinking about the true reasons behind Batshit Crazy House Prices in Canada. Has the mindset of Homes as an INVESTMENT & all that comes with that thinking created an environment of never ending price spirals. How Canada's last big Housing Crisis in 1946 - 1956 was solved without any home price increasesSupport the show

Send us a text#1 Insolvency Trustees In Ontario Scott is a return guest with extremely timely updates on Insolvency Trends in in the Province. Hoyes Michalos is the top Consumer Insolvency Firm in: they have the best dataTruly awful Trends:Massive Increase In Homeowner Insolvencies CRA goes wild - an extreme increase in Aggressive CollectionsCredit Availability has DRIED UPIndicators of the future right hereSupport the show

Send us a textHere's What's New Ron & Sacha review the Breaking News on Mortgage Rates. Canadian 5 - Yr Bond Yields push 5 - Yr Fixed Rate Mortgage in the low 4% Range, the Sweet, SWEET 3.64% 5 - Yr Fixed Rates are gone, is it time to Switch Back to VariableAlso a flurry of house purchases in a really terrible Resale Market: what going on? It's Interesting: all the purchases were LESS than the list pricesAnd Ron has a message for BC Premier Dave Eby..... not a nice one Support the show

Derek Serra, President of Westboro MIC, shares his expertise on construction mortgages in Ontario. He dives into the complexities of private lending and the importance of understanding financing prerequisites for those wanting to build their own homes. The discussion highlights the current challenges in construction lending, the risks of private mortgages, and the evolving market dynamics. Derek emphasizes the need for transparency in mortgage terms and the critical role of sound advice in navigating today's financial landscape.

In this engaging discussion, Nick Kyprianou, a top equity lender in Canada and president of RiverRock Mortgage Investment Corporation, shares his deep insights into the evolving mortgage landscape. He dives into the challenges of private lending, emphasizing responsible practices and market dynamics. Nick reflects on real estate lessons from past economic turmoil, compares urban and suburban living trends, and analyzes Toronto's current market opportunities. He also explores how automation impacts traditional industries, highlighting significant economic implications.

Rob Campbell, a seasoned mortgage broker at Premier Mortgage Centre, shares his insights on the current state of the mortgage market. He discusses the significant drop in home purchases, the rise in refinances, and how the economy will impact mortgage choices in the coming months. With a blend of humor and candid opinions on political issues and the challenges posed by modern mortgage technology, Rob navigates viewers through the complexities of today's real estate landscape while reminiscing about past workplace norms.

The recent election results spark passionate reactions, with some celebrating and others devastated. The conversation delves into the rise of young conservatism, driven by economic struggles and housing woes. Ontario’s housing crisis is critically examined, especially with Mayor Chow's freeze on development fees. The shifting real estate landscape raises concerns about market trends and mortgage rates, offering strategic insights for homeowners. Amidst this, humor and honesty surface as the hosts candidly discuss the complexities of aging and caregiving.

Sasha Fabry, a mortgage sales expert and regular contributor, dives into the chaotic state of mortgage rates influenced by political dynamics, including surprising effects from Trump. The conversation highlights misconceptions in the mortgage industry, focusing on fixed vs. variable rates and the impact of recent bond yields. Fabry and the host also tackle the need for transparency amid misleading bank narratives and critique political promises about housing. Tune in for essential strategies to navigate the turbulent mortgage landscape!