Angry Mortgage

Send us Fan Mail Are NEW 30 Year Amortization Changes Really Good For Anyone? We have our doubts! 4M New Homes says Finance Minister Chrystia Freedland, please Minister Freedland don’t say this lie anymore. RATES GO DOWN! Ron talks about developments in the USA that impact Canadian Mortgage Rates. Did the Supreme Court Of Canada just publish a decision that HELPS White Collar Crime? Ron thinks the...

Send us Fan Mail Condo Madness continues, will it get so bad that Government  would consider a Bail-Out, Ron’s simple answer: HELL NO, how bad will things get? Will the Ontario Economy gone past the Crapper Stage. Just how sure is it there will be a much lower Bank of Canada Rate next year? Pretty Damn Sure. Perilous times for the Construction Industry. And Ron’s Rant: Toronto wants to TAX PAVEMEN...

Send us Fan Mail Honestly there we many years that the mortgage business was pretty quiet & boring, 2010 – 2019 there were policy changes but nothing too crazy BOOM Covid happened & since then Real Estate & Mortgage World is something new every week. Canadian Retail Sales Report all bad news: Is the Economy sliding into the CRAPPER. Bank of Canada Announcement Tomorrow: do we already k...

Send us Fan Mail If interest / mortgage rates are going to this year & next year won’t Real Estate Heat up again? Will it be time to buy soon? Actually….. Maybe Not. We break it down. Should anyone pay $270K to GET OUT OF a Pre-Construction Condo Purchase? Looks like that’s a definite possibility: find out why. Mortgage Fraud Update: please let it end. Viewer Mail & WTAF: Why do we have Bo...

Send us Fan Mail Unemployment not good, Fixed Mortgage Rates edge up, we’re not sure we get another Rate Cut from the Bank of Canada in 2 weeks & Home Sales hit a 28 year low in Toronto. Hey Ron any good news: sure there is, its July & the weather is good. Stick around till then end for an EPIC rant about the 4M new homes that are an utter lie. Support the show

Send us Fan Mail We cover Rate Movements, the next Bank of Canada Rate Move: What to expect & Why. Hey! If its another edition of Angry Mortgage there has to be some more Mortgage Fraud to cover. What’s up with Vacation Homes & Cottages? New trends & what to make of the bump in Cottage Real Estate. CMLS & Nesto, what just happened & what to expect. Viewer Mail An WTAF: Jann joi...

Send us Fan Mail Too much many incidents, too much tragedy, too much money lost, why is it happening? Why are we hearing about so much of it now? How can borrowers & investors protect themselves? Ron breaks it down. Rate World: will Variable become an option? Maybe not yet but when? CBC Program on Condo Sales Problems: Ron was in on that show. Viewer mail bag: questions get answered. WTAF: we...

Send us Fan Mail The concerning direction of rental Condos in Toronto: should we be worried? Let’s break it down: BIG Mortgage Rate News: we have been waiting for the Fixed Rate Mortgage cuts, looks like they finally showed up: maybe a 50 bps cut, we analyze next week in Rates Mortgage Fraud Update: Who’s suing who? And a wild WTAF: Can’t we actually fix ANYTHING. Support the show

Send us Fan Mail Our Special Guest Vince Gaetano reveals the sad truth behind the City of Toronto’s hellacious Permitting system, the utter insanity of building anything inside the City, the endless Neighbor Complaints, the bizarre process of managing the City Inspections Oh, and the very worst thing about this mess: the Builder is providing EXACTLY the kind of increased density housing the City i...

Send us Fan Mail Aftermath of the Bank of Canada Rate Cut. Rate trends can be based on analysis but the Housing Market gives way to Prediction. The growing scarcity in Low Rise New Construction. Condo Market in for a Kicking in Toronto. Mortgage Fraud Update: Greg Martel, Claire Drage and some rumblings about “who cares about fines” Viewer Mail: when do payments drop? An Australian Bank is going b...

Send us Fan Mail Rate Cuts in Canada become Destiny whether it’s June 5th or July they’re coming: the GDP Report drives it home. Bank Financial Results put a stake through Canadian Credit with growing Loan Loss Provisions. With BoC cuts what is the new Mortgage Rate Strategy? How will Investment Property Buyers react: it ain’t looking good. The Ontario Mortgage Broker Regulator sets the Industry s...

Send us Fan Mail 3 Big Mortgage Brokerage Scandals rock Ontario: With Special Guest Frances Hinojosa 2024 has been the year Ontario Mortgage Brokerage Regulator FSRA has proven they are on job & very serious about investigation 2 Notice of Proposals for License Suspensions & one Mortgage Brokerage Owner who handed in her license. Ron & Frances review the files .   Support the show

Send us Fan Mail Real Estate Sales in Ontario seems to have shut down: some answers & some suspicions. How bad will things get on the Office Side office side of Commercial Real Estate? What should we think of Variable Mortgage Rates Now, Time to Re-evaluate? Something is up with Foreign money coming into Canadian RE? Looks like it VIEWER MAIL, & a Special for Toronto’s Road Work. Support t...

Send us Fan Mail Announcements! $10K Challenge! OSFI Cracks Down! Doom Scrolling & Rage Farming. Will overseas money transfers screw up house purchase mortgages? The Big TD Bank News trickles down. What happened to the Spring Real Estate Market? Rate Action & a heartfelt WTAF Support the show

Send us Fan Mail Huge News: An In-Depth review on one of the highest level Mortgage Fraud Charges in Ontario history. Props to Ontario's Mortgage Broker Regulator FSRA: after a comprehensive 2 year review a Notice Of Proposal was brought against William Handsaeme the Principal Broker of the huge London Ontario Brokerage Forrest City Funding  Ron will run down the details, the fines, the licen...

Send us Fan Mail Big Rate News on Variable Mortgages. The message out of the USA on the future of Canadian interest rates. What’s happening in Real Estate Sales Across Canada The breakdown of Rental Condos versus Low- Rise Homes WTAF is really up, why do many Canadians feel things are just not working out the way they should Support the show

Send us Fan Mail Summing up the huge number of Government initiatives to do with solving Canada's Housing Crisis. What works? What won't work? What's just BS? More Mortgage Rate News: It ain't pretty. When will the BoC drop rates? And a big WTAF Rant. Support the show

Send us Fan Mail Capital Gains Tax Increase & Property Sales: it ain’t pretty. Should Canada Ban Huge Corps buying up individual houses, Hell Yes!! Calgary Mayor says all young people want to Rent & never buy a house: it’s a Freedom Thing…… Say WHAT! How small are some of these new Government subsidized units going to get? Does a 330 sqft unit seem a bit small? Bank of Canada has a big dil...

Send us Fan Mail After 10 years of Ron beating the Drum in Mainstream & Social Media, 2 sets of Ron’s Testimony before Parliamentary Committees last Friday the Housing Minister Sean Fraser announced the Federal Government will commence consultation to allow Financial Institutions to verify Borrower Income through CRA : What a Breakthrough, thank you Minister. More Housing & Mortgage News o...

Send us Fan Mail Government keeps throwing  money all over the place but so much of it is aimed at what is destroying the Federal Government in the polls: Housing & affordability. Another $15 BILLION rolled out for rental apartment loans: when will something happen that helps people who want to BUY a home? Rate Movements this week! more bumps in Mortgage Rates. Is it going to get harder for Ca...

Send us Fan Mail What a Week! The Federal Liberal Government ran out the completely fake Renter Bill of Rights: We break down that Tissue of Lies OSFI the Bank Regulator laid plans to make just a little harder for Canadians to get mortgages in 2025. Blind Trust Insanity: CRA created a massive paper jungle for anyone who wanted to co-sign on their kids house. And when the Competition Bureau told th...

Send us Fan Mail Crazy Canadian House Prices make it so hard to qualify for the huge mortgages needed to buy homes in Canada, let’s break down why housing is so screwed up. Rate Update. Viewer Mail. Why the heck are we stress testing Renewals? The Competition Tribunal Agrees with me that it makes no sense. WTAF sense is there in defunding roads but spending $40B on EV battery plants. Support the s...

Send us Fan Mail Understand this: when CMHC says Housing Starts are up, when the Federal Government says $Billions$ are being spent through the Housing Accelerator Fund, when Provincial Spending $Millions$ to improve Housing Starts: its NOT many Houses to buy: its mostly rentals. Don’t be fooled 2024 will create far FEWER houses to buy than in the last decade: the TRUTH about housing in CANADA. Su...

Send us Fan Mail Mortgage Rates are changing, housing trends are changing & we are coming into the key Real Estate Selling Period of the Year. What’s going to happen? Jobs Report: True or False? Random BS or Facts? Ron Analyses it Some interesting questions from Viewers. WTAF: A return to a horrific Government Scandal with an epic rant. Support the show

Send us Fan Mail How can Young People In Canada afford their first homes: THEY CAN’T Not in the regions of Canada where most people live The result is unless Parents give MASSIVE help they can’t buy. What’s up with Rates? Promissory Note Scandal Update. Viewer Questions WTAF with Arrive-Scam? Did those Crooks steal $400M of Taxpayer Money? Support the show