Episodes

  • CPI Climbs, Rates Rise: Is Your Mortgage Safe?
    Nov 21 2024

    In this episode, Marcus and Justin break down the latest economic shifts and how they affect Canadian housing affordability. From rising CPI and bond yields to the challenges facing condo markets, they share expert insights on navigating these changes, including mortgage strategies for homeowners. Tune in to hear their advice on whether now’s the right time for a variable rate and what the future holds for housing supply and demand. Don't miss out on actionable advice for making smart moves in today’s market!

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    23 mins
  • Toronto Real Estate Market: Is Now the Time to Buy?
    Nov 14 2024

    Toronto’s real estate market is evolving, but is now the right time to buy? Join us with real estate expert Benjamin Ferguson as we dive into the market’s biggest trends, from construction costs and high demand to variable-rate mortgage benefits. We break down what’s impacting real estate prices, the influence of immigration, and why Toronto remains a prime spot for buyers and investors alike. Watch now to discover if Toronto housing is set to rebound!

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    33 mins
  • Will Trump’s Return Impact Your Mortgage Rate?
    Nov 6 2024

    In this episode, we dive into how Donald Trump’s potential return to power could shake up Canada’s real estate market and mortgage landscape. With close economic ties, shifts in U.S. policies often have ripple effects here in Canada—especially when it comes to mortgage rates and bond yields. What does Trump’s focus on American productivity, tariffs, and government spending mean for Canadian homeowners and anyone looking to renew or get a mortgage? We break it all down and explore what Canadians might expect, from rising interest rates to new trade dynamics. Tune in to find out how you can prepare and make the most of these potential changes!

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    15 mins
  • Will Lower Mortgage Rates Be Enough? Canada's Productivity Crisis Exposed!
    Nov 1 2024

    In this episode of the Make Money Count, we tackle one of Canada's most pressing economic challenges: the alarming decline in productivity. Join our hosts as they explore why productivity is crucial for our nation's growth and how Canada’s current situation compares to other developed countries, especially the U.S.

    We delve into the impact of oligopolies, overregulation, and infrastructure deficits that stifle innovation and competition. With the Bank of Canada hinting at future interest rate cuts, we discuss how our unique mortgage market magnifies economic challenges.

    Can Canada turn this trend around? What steps should we take to attract skilled workers and invest in the fundamentals of our economy?

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    33 mins
  • Big Changes Ahead: How the 50 Basis Point Rate Cut Impacts You!
    Oct 23 2024

    Welcome back to another episode of Make Money Count! Today, we’re diving into some significant updates about the Canadian economy that you won't want to miss. The Bank of Canada recently cut interest rates by 50 basis points, a move that could reshape the landscape for homeowners and investors alike.

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    22 mins
  • CPI Update, Interest Rate Forecasts, & What You Need to Know About Mortgages & Credit Penalties
    Oct 17 2024

    In this episode of Make Money Count, we dive into the latest financial news, including the recent Consumer Price Index (CPI) report showing a 1.6% increase, largely due to falling gas prices. We also discuss the possibility of more interest rate cuts by the Bank of Canada and why locking into fixed mortgage rates might not be the best idea right now. Additionally, we touch on how penalties for shopping for credit and the stress test are making it harder for consumers to find better financial deals. Stay informed, and learn how to navigate these uncertain times with the right mortgage strategies.

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    22 mins
  • Major Changes in the Canadian Mortgage Market | Refinancing Up to 90% LTV Explained
    Oct 10 2024

    Welcome to Make Money Count! Are you looking to maximize your home's potential? The Canadian government just introduced a game-changing refinancing option allowing you to refinance up to 90% of your property's value! In our latest podcast episode on Make Money Count, we break down everything you need to know about this new program, including:

    ✅ How to qualify for the 90% LTV refinance

    ✅ Potential risks and how to navigate them

    ✅ Tips for adding rental units to boost your income

    ✅ Insights into recent CMHC policy changes and what they mean for you

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    18 mins
  • OSFI's New Mortgage Renewal Rule: Switch Lenders Without a Stress Test!
    Oct 3 2024

    Big news for homeowners and mortgage holders! In this episode, we break down the new rule by OSFI that makes it easier to switch mortgage lenders at renewal without going through a stressful qualification process. Learn what this means for you, how you can benefit from shopping around for better rates, and why now might be the perfect time to consider a mortgage renewal. At Cannect, we’re committed to helping you save money and simplify your mortgage experience.

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    14 mins