Published On May 24, 2024
In this episode of Ruffled Feathers, we dive deep into the reality of inflation in Canada and uncover what the headlines aren't telling you. With inflation numbers showing a slight decrease, is there really a reason to celebrate? We'll break down the latest figures, analyze the components of the inflation basket, and discuss how these changes impact Canadian households. We dive into the OSFI's annual risk outlook for 2024-2025. With 76% of Canadian mortgages coming due by the end of 2026, we discuss the significant payment shocks homeowners will face and what this means for the Canadian housing market. We also analyze the latest inflation data, questioning whether there's real cause for celebration. Join us as we break down these critical issues and answer your questions. Don't miss this essential discussion for anyone concerned about the future of their home and finances!
Questions from Viewers Like You!
0:00 Canadian Market Update
10:45 What hidden costs should I be aware of when taking out a mortgage?
13:59 Wow do you handle situations where a client's financial circumstances change?
16:18 Why would a realtor suggest to waive of financing condition?
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