...would it be weird if we begged?
Some of you will be in "the know" about all of the Mortgage Shenanigans we are currently facing - for others, you may have no idea, or perhaps you just don't care.
Regardless of who you are, we still think it is relevant to let you know that despite the
For those of you who may not have heard...about 2 weeks ago our Dictators in Ottawa decided they understand Canadians and Canadian Finance better than we do ourselves and they took it upon themselves to tell us so.
Unfortunately their delivery was more of a Middle Finger than that
Announced today, CMHC will be issuing it's First "Red Warning" on the Canadian Housing Market.
...which bids the question...what colour was it before?
So what's going on? What does this mean?
The simplest answer is this, the combination of high housing prices and consumer indebtedness are
"The British are Coming! The British are Coming!!"
...and so the Paul Revere story of the Canadian Mortgage Landscape continues.
Only in our case it's, "October 17th is Coming!! October 17th is Coming!!"
But take heed my fellow Canucks...it appears there may be a break in