Money Talks: Volume 2
The debate continues as to whether the recent round of mortgage rules changes have helped or hurt the industry and as always, we’ve found the best financial advice from around the Web. With that being said, let’s take a look at what money talks have been happening this week.
CAAMP (Canadian Associated of Accredited Mortgage Professionals) has been perhaps the most vocal in their criticism of the new mortgage rules. In this piece, the Financial Post looks at their reasoning.
The Calgary Herald shoots back, and looks at reasons why the Canadian market actually isn’t so bad right now.
The CanEquity blog backs up that argument with actual numbers from many of Canada’s different markets.
And speaking of CAAMP, did you miss their Econ Panel in Vancouver? Canadian Mortgage Trends brings you the best quotes, for you to make of them what you will.
CAAMP’s gotten even more press by cancelling Kevin O’Leary as keynote speaker, citing conflict of interest now that O’Leary has opened his own mortgage business. But, O’Leary Mortgages has fought back, saying that CAAMP was aware of the new business at the time of booking O’Leary. Mortgage Broker News covers it all.
And while mortgage rules have been enjoying the spotlight, a controversy surrounding rents in Hamilton has been going on, too. Canadian Real Estate Magazine gives you an in-depth look.
Tired of talking about mortgages and mortgage rules, and just want to pay your own off? This week the Toronto Star gives some good pointers on how you can.
While you’re working hard and saving pennies, trying to get that loan paid off, Gail Vaz-Oxlade takes an interesting look at the physical changes that occur in your body when you want to spend - and when you want to save!