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Jack Nasarzewski
NasaKasa - Full Time, Full Service, Mortgage & Real Estate Broker – specializing in the self-employed clients
NasaKasa - Full Time, Full Service, Mortgage & Real Estate Broker – specializing in the self-employed clients
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Canadian home buyers have taken a pass on the spring season: RBC https://buff.ly/2M6cPp0
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“Are new mortgage rules starting to curb Canadians appetite for debt?” https://buff.ly/2tckvhH
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“How badly will Ontario’s flagging housing market hurt the economy? Not as much as you think
https://buff.ly/2sSDNcz
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“This bank predicts May’s Canadian home sales results will be particularly bad” https://buff.ly/2JIBsdH
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Most mortgages up for renewal can't move or negotiate because they can't qualify with the new rules. Renewal rates are much higher, providing the banks greater profit.
Experts are predicting a rate increase of 25 BPS this summer.
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“Mortgage stress test is going to cause more than a ‘dip’ in the Canadian housing market: RBC” https://buff.ly/2sADWkR
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“It’s been a big week for the Canadian economy — here’s how the housing market played a role” https://buff.ly/2stqn6v
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NasaKasa - Full Time, Full Service Mortgage & Real Estate Broker – Streetsville broker specializing in the self-employed clients
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“Why a variable-rate mortgage might save you more money in the long run than a fixed-rate right now” https://buff.ly/2IJSaKb
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“Macquarie thinks housing will drag Canada into a recession as bad as the financial crisis in two years — and that’s the best-case scenario” https://buff.ly/2sskRAg
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