News Update: CityNews – September 17th
Clinton Wilkins joins Dan Ahlstrand on City News to chat about the Canadian government announcement of changes to mortgage rules, to help first-time homebuyers, effective December 15th!
What is actually happening in the news of the mortgage world.
Clinton Wilkins joins Dan Ahlstrand on City News to chat about the Canadian government announcement of changes to mortgage rules, to help first-time homebuyers, effective December 15th!
Clinton Wilkins joins Rob Snow once again on City News to discuss the Bank of Canada's announcement to cut its overnight interest rate to 4.25%!
Clinton joins Todd Veinotte for this special news update on a Toronto news announcement about a potential big drop in prices in the coming months. Clinton gives his take on what that means for Nova Scotians, and gives refinance advice.
Clinton Wilkins joins Todd Veinotte, on City News, for a special news update on the recent softening of the Bank of Canada's overnight key interest rates.
Clinton Wilkins joins Rob Snow on City News to discuss the Bank of Canada's announcement to cut its overnight interest rate to 4.75%, down from 5%, the level it has maintained since July 2023.
Clinton Wilkins joins CTV News, as they report on the anticipated drop in mortgage interest rates. Clinton maintains his belief that a change in interest rates, this summer, is inevitable.
Clinton Wilkins joins Global News as they report on the Federal plan for addressing Canada's housing crisis. Included in the report are comments from the Federal Housing Minister Sean Fraser, emphasizing collaboration across all levels of government to improve affordability and accessibility of housing.
Clinton Wilkins joins the 'Now You Know' Show with Rob Snow, on City News to chat about a returned opportunity for first-time homebuyers! The Bank of Canada recently announced the return of the 30-year mortgage for new home buyers on new builds. Clinton thinks this is also an opportunity to motivate contractors and developers to get new construction going in the province. The two discuss what that means for amortization, and passing the stress test. Lastly, Clinton holds firm to his optimism about cooling interest rates.
Halifax has passed a new apartment registry bylaw. Here’s what it includes, and how it might impact you in the rental market.
Clinton Wilkins joins Rob Snow on City News to discuss a significant change in mortgage regulations taken by the Office of the Superintendent of Financial Institutions, OFSI. The change impacts borrowing limits and the amount lenders can give out based on annual income. They dive into the implications of what Clinton calls the stress test 2.0, and highlight some predictions made by economists of the softening of rates soon.