Angry Mortgage

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

Send us a textWhen we record the Pod on Friday there was still debate when Tariffs will start & whether Oil & Gas would be a carve out but please hear this: the volatility on Mortgage Rates is big. Huge fluctuations in 3 & 5 year bond yields are creating a Roller Coaster effect which may lead to lower rates this weekResale Purchase business had ticked up in January but still tons of listings so a Buyers' Market which creates some of its own chaosBottom line? Mortgage Borrowers MUST shop for best rateSupport the show

Send us a textScott is the Manager for the Biggest Private Consumer Insolvency Firm in Ontario: Hoyes Michalos. Insolvencies based on Real Estate related issues have soared in the last 18 months.& Scott has the insights & analysis from the ground floor of the financial disaster zonesThe lessons of Co-signers, the perils of building a rental empire, the confluence of everything going wrong at once & what can be done to work out debt problems. An episode packed with unique insights .Support the show

Join Sacha Fabry, a seasoned front-line mortgage broker who navigates the challenges of borrower inquiries daily. In this discussion, Sacha reveals common borrower concerns about rising renewal rates and debunks myths surrounding mortgage offers. He emphasizes the importance of thorough rate comparison and questions whether getting a mortgage is becoming more challenging. With insights on Ontario's fluctuating market and the impact of rising interest rates, Sacha's expertise sheds light on the current mortgage landscape.

Send us a textWe needed a bigger Podcast to accommodate one of the most important people in the Mortgage Business: John Webster. John's contribution to the Mortgage Brokerage space is legendary & we cover the history of his innovations, breakthroughs & domination of Mortgage Broker Origination. We touch on Housing Policy, Mortgage Qualification & the implications of the new LTI Portfolio Rules & how they will effect mortgage borrowers in Canada. And how John is standing up a whole new mortgage operation: Maple Financial revolutionize Alternative Lending in Canada Support the show

Send us a textRob is back on the show a record fourth occasion because well, he's just that good a guest. Let's talk Mortgages: what's the truth about the massive renewal year we will have in 2025, huge boom for mortgage professionals or total bust as incumbent lenders match every rate offer. What about home buyers? Where are they? Are there any First time home buyers? What about the rental marke? Where are mortgage rates going? Finally Canada will have a new Government soon. What effect on mortgages & the housing market? Support the show