Comments on: Canadian Bank Regulator Confirms Investor Mortgage Reduction Coming Next Year

By: JellyScrubber

JellyScrubber — Sat, 23 Apr 2022 17:51:44 +0000

How do these regulations impact the banks and their technology teams? Is there something specific they have to do to enhance what they report or capture I terms of mortgage data, etc?

By: Darren Stone

Darren Stone — Fri, 22 Apr 2022 22:29:21 +0000

There is no risk. Housing prices never go down.

By: Concerned for Renters

Concerned for Renters — Fri, 22 Apr 2022 11:29:41 +0000

So the net of these changes for investment properties indicates to me that rent will be even higher for new properties. These doesn’t seem to contribute anything to the affordable housing concerns throughout the larger cities in Canada.

By: RM

RM — Fri, 22 Apr 2022 11:11:24 +0000

In reply to Mike. Huh? Did we read the same article?

By: Kevin Logan

Kevin Logan — Fri, 22 Apr 2022 04:01:22 +0000

In reply to Ron Bruce. Q2 2023 for banks is Q1 2023 for people, 8 months. In those 8 months mortgages rates are expected to climb to the highest level in decades.

By: Trader Jim

Trader Jim — Fri, 22 Apr 2022 03:59:33 +0000

In reply to Mike. That's not what that says. It says your leverage yield is going down, and since Canada doesn't have 30 year mortgages, that's almost certainly a loss in value.

By: DasHip

DasHip — Thu, 21 Apr 2022 21:56:12 +0000

In reply to DasHip.

.. I actually used to work for them under lean, Harper years too.. kinda glad I got out when I did… But missed the gravy-train, I suppose, and all the incompetence hires hired along with that…

By: DasHip

DasHip — Thu, 21 Apr 2022 21:54:40 +0000

Is it just me.. or.. is the current federal government (Trudeau) not overstaffed, spending like a drunken 20-year-old royal on a binge, and yet, still doesn’t know its head from its a$$?

By: Mike

Mike — Thu, 21 Apr 2022 21:08:53 +0000

Data is showing investers are softening alittle.But lets fix that with some more FOMO.Better invest now before it more expensive.Why don’t they shut the F up and stop with the BIS.

By: Ron Bruce

Ron Bruce — Thu, 21 Apr 2022 20:44:11 +0000

Rules are being rolled out in Q2 2023. It sounds warm and fuzzy, but Q2 2023 in the Real Estate world is a long time away in developing another scheme to minimise the impact. Let’s not forget that Real Estate prices increase at 10 X income.