Mortgage Challenges, Affordability Issues, and Federal Rule Changes in Episode 89
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In this episode, we kick off with a welcome and overview, paving the way for a discussion on the current challenges in the mortgage market and the increasing popularity of alternative lending options. We delve into issues around mortgage delinquencies, arrears, and defaults on rental properties, highlighting the implications for borrowers. The conversation then shifts to home affordability and its political ramifications. We also examine recent changes by the federal government to mortgage payment rules. A brief message from our sponsor, the Ontario Teachers’ Pension Plan, is followed by updates on leadership within the real estate sector. The episode concludes with a wrap-up and closing remarks. (0:00) Welcome and episode overview (1:03) Mortgage market challenges and the rise of alternative lending (2:37) Mortgage delinquencies, arrears, and rental property defaults (4:42) Home affordability and political implications (8:20) Federal government changes to mortgage payment rules (8:55) Sponsor: Ontario Teachers’ Pension Plan (12:37) Real estate leadership updates (16:13) Episode wrap-up and closing remarks
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