The real estate market is likely to face further challenges before we see any signs of recovery. Affordability remains a pressing issue, and unfortunately, the current government has yet to implement effective measures to address it. Recent TREB numbers have been released, and the statistics paint a troubling picture. Year-over-year comparisons reveal a significant decline, indicating that the market is in a precarious position.

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Many people are unaware of how their credit score is calculated, so I thought I'd help clarify the five key components that play a crucial role in determining it. Enjoy!

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Here's some advice for you. Don’t fall for lenders’ tactics—hold off on renewing your mortgage early! Especially if you have a good rate. Be patient! Ride your current mortgage rate to the full length of maturation. The Canadian economy is in a bad place, and I believe that further rate cuts are coming.

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

As the podcast gets back into the swing of things, Vince shares a quick episode exploring a possible new immigration loophole. He highlights alarming statistics that reveal loopholes in the country’s immigration policies, which can lead to exploitation for both Canadians and newcomers. Vince emphasizes that these scams not only undermine the integrity of Canada’s immigration system but also leave vulnerable individuals feeling misled and frustrated. He discusses the broader implications for communities and calls for more robust measures to protect both citizens and immigrants from these deceptive practices.

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

This week, Vince dives deep into the controversial world of Canada’s immigration policies, focusing on their impact on foreign students and temporary foreign workers. Vince pulls no punches as he exposes the failings of policymakers who, through lax regulations and oversight, have created loopholes that exploit both Canadian citizens and the individuals they promised a fair chance at a new life. Additionally, Vince critiques Chrystia Freeland’s housing starts initiative, showcasing its shortcomings and the broader implications for the housing market and the people it was intended to help.

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

This week, Vince takes a deep dive into the future of mortgage renewals for 2025/2026, offering a refreshing perspective that might just brighten your outlook. He tackles the challenges faced by those with pre-construction homes and shares a humorous take on inflation with a clever analogy of his own. Tune in for valuable insights and a bit of comic relief!

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On this episode of the podcast, Vince explores the latest trends in the market and home ownership. He reveals that bankruptcies are hitting record highs, challenging the optimistic rhetoric from politicians who downplay the ongoing recession. Vince also delves into the political and economic factors driving the current housing crisis.

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

On this week's episode, Vince dives into the sobering state of the real estate market, shedding light on the sluggish sales that have characterized recent months. He explores the possibility of a potential five-year fixed mortgage rate hovering in the high 3% range, a shift that could reshape buyer and seller dynamics. Vince also examines the possibility that Canada's population growth may have reached its zenith, affecting housing demand and urban planning. Additionally, he tackles the growing discontent among city residents over the clash between drivers, bike lanes, and evolving municipal policies. Enjoy!

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/