Angry Mortgage

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!

Send us a textA real pleasure to have Legal Closing Founder & Ace Real Estate lawyer on the ShowThis is the ultimate Deep Dive on the 416 Condo Crash & it's all the gritty details, we will go all the way back to 2010 & track every step on the road to the Disaster Toronto Dog Crate Condos face in the next 24 monthsBig Episode but we'll worth it Support the show

Send us a textCanada's Economy in the Crosshairs, the constant assault of the Trump Tariffs / Trade War looms over every strategic thought in Canada today & the uncertainty of the future of auto parts & car assembly plants can change the Bank of Canada's approach to Rate Cuts in a huge wayWhat happens on April 16thWill Inflation come backWhat Mortgage Rate to takeLet's get into it Support the show

Send us a textReally a privilege to have Julian on the Pod, CAPREIT is the largest Landlord in Canada & the spotlight on affordable Rental Housing is bigger than everWe cover: - Why huge professional Landlords just make more sense - Why Renters may be much better off with REIT managed properties than Mom & Pop Landlords- The coming 416 Condo Crash & the implications for the Rental Market- How Dog Crate Condo reductivism betrayed Renter & Investors Support the show

Send us a textWe break down last week's BoC Rate Cut & the future of Mortgage Rates for the next few monthsHow does it affect the Housing Market moving forward? Because there is a lot going on in Real Estate! Listings are piling up, sales have fallen off a cliff,  Mortgage Underwriting is tightening upWe are entering into a whole new world of Real Estate in CanadaAnd Ron had a HUGE rant to make Support the show

Send us a textAll about Commercial MortgagesFor the first time on the Pod a deep dive on the Commercial Mortgage MarketWhat are the trends, what's the Outlook, what to expect next yearThe effect of the Trump Tariffs are highly impactful on the Commercial Mortgage World. Vanessa discusses how just the FEAR of a Trade War is rippling through Canada: just how hard will it be to get a Commercial Mortgage done? Support the show

Send us a textThe CEO of the largest Residential Real Estate lawyer in Canada Axess Law is our guest & do we have some interesting facts about Fraud attempts at the Lawyer's OfficeElder Abuse is off the charts when it comes to adult children trying to take advantage of elderly parents through Title & Mortgage Fraud & the stories about FAKE Wives are both sad & hilariousWelcome to the world of RE law that you have never known before Support the show

Send us a textAnd why does it take so long to get anything in Ontario approved: I have the right person to give those answers.Our Special Guest Ian Jones has nearly 60 years of experience building Condo, Commercial Mixed Use & you name it in North America He had lived through the highs & lows of those 60 years of Building & Development in Ontario & no one can tell the story of the coming Condo Crash, the relentless challenges of Government induced expense & complexity better than IanSupport the show

Send us a textToday Fixed Mortgage in Canada have become a part of the ever changing, never calm, always in turmoil world of Donald Trump: Tariffs ON / Tariffs OFF / Tariffs for the Whole World. And throw in some US Federal Reserve Chairman Powell for a bit of extra action. Canada Bond Yields & Fixed Rates fell 2 weeks ago & 3.94% 5 – Yr Fixed Rates popped up everywhere, a week later Bond Yields retraced 20 bps & very low 4% became more normal. Let’s assume after Jerome Powells Hawkish stance that the US Fed has stopped Cutting for awhile (don’t believe the no cuts for a year stuff)On the Canadian Housing front although Detached Sales showed signs of Life the Future of Pre-Construction Dog Crate Condos in 416 looks dark indeed. And in BC Premier Eby who was a leader in the fight for affordable housing is feeling the heat of a Big Budget Deficit. And Ron’s Rant points towards the future of Canadian Jobs & Economic well being.Support the show

Send us a textThe big story of last week in Real Estate was a big downward shift in Fixed Mortgage Rates in Canada. Many Fixed Rates dropped below 4% with brief flashes of 3.84% on CMHC purchasesSome Conventional Rates under 4%BIG DIFFERENCE from 4.59% - 4.39% just 2 months ago. Does this mean now is a good time to buy a house? MAYBE But with the return of the Trump Tariffs a possibility is buying a home today to chancyAnd welcome Jeanine Borges our Butler Mortgage Office Manager to the Podcast & NO she didn't lose a bet with Sacha  Support the show