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Episode 42: Bank of Canada Rate Cut, Mortgage Rule Shake-Up & Recession Risks

Join Allister and Geoff as they break down the latest shifts in Canada’s housing and mortgage landscape. In this episode, they discuss the potential impact of the Bank of Canada’s revised GDP forecast on the housing market, the ongoing Canada-US tariff dispute, and key mortgage rule changes.

Topics include the new ability to transfer mortgages without requalifying under the stress test, potential refinancing options up to 90% for homeowners adding secondary suites, and why most Canadians stick with their current lenders at renewal. They also explore government efforts to ease the housing crisis through policy changes and financial incentives.

Tune in for expert insights, practical advice, and a candid discussion on how these changes could impact homeowners and buyers across Canada!

#HousingCrisis #MortgageTips #Podcast

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