What the new mortgage rules mean for new (and existing) home buyers
Description
This episode first aired on September 26, 2024 over at In This Economy?!, our sister show at the Frequency Podcast Network. The show helps Canadians understand the systems behind their money problems so they can make informed decisions about their personal finances. If you like what you hear, please consider giving us a follow!
The federal government has announced changes to mortgage amortizations and insurance rules, calling them “the most significant mortgage reforms in decades.” But what do these changes really mean for new home buyers? And existing ones? Will they help with the affordability crisis, or focus more on accessibility?
GUEST: Angela Calla, accredited mortgage professional and author of 'The Mortgage Code'
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