Скачать или смотреть Mortgage Delinquencies Rising Across Canada

Could rising mortgage delinquencies result in mortgage defaults across canada? Could the Bank of Canada end quantitative tightening early? Will Mark Rendell’s colleagues start calling him “Mork” around the office after this video? Who knows!

Today we cover:
Bank of Canada March policy decision
BC Affordable Housing Lawsuits
Canada’s first time home buyer incentive eliminated
Mortgage Delinquencies rising across Canada

The MillennialMoron Friday Updates are a brief weekly news digest with commentary on Canadian housing, real estate, finance, and economics stories.

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00:00 Intro
00:38 Bank of Canada holds interest rate for March
01:13 Early cuts could overheat housing
01:55 Good question from Mark Rendell
03:21 Better follow-up questions
04:09 Low-quality question from CBC
05:11 BC affordable housing lawsuits
05:49 CMHC eliminates first time home buyer incentive
07:01 Issues with the incentive
08:27 Mortgage delinquencies skyrocketing across Canada


Sources

Bank of Canada hold interest rate for march (Financial Post)
https://financialpost.com/news/econom...
Bank of Canada worries that cutting rates could overheat housing market (CBC)
https://www.cbc.ca/news/business/hous...
Home buyer frenzy growing in anticipation of rate cuts (Financial Post)
https://financialpost.com/real-estate...
Media pitching adjustable rate mortgages in advance of rate cuts (Financial Post)
https://financialpost.com/real-estate...
Bank of Canada press conference after March rate announcement (Bank of Canada)
https://www.bankofcanada.ca/multimedi...
Canadian Overnight Repo Rate Average (Bank of Canada)
https://www.bankofcanada.ca/rates/int...
Bank of Canada assets and liabilities (Bank of Canada)
https://www.bankofcanada.ca/rates/ban...
BC Housing suing buyers in affordable condo development (CBC)
https://www.cbc.ca/news/canada/britis...
First time home buyer incentive (CMHC)
https://www.cmhc-schl.gc.ca/consumers...
First time home buyer incentive discontinued (CBC)
https://www.cbc.ca/news/business/firs...
Incentive program details (Government of Canada)
https://www.placetocallhome.ca/fthbi/...
Mortgage delinquencies rising across Canada (Better dwelling)
https://betterdwelling.com/canadian-m...
Mortgage delinquency rates, historical data (CMHC)
https://www.cmhc-schl.gc.ca/professio...