RE:Most people still have no idea what’s comingMrSilbergleit wrote: B20 means mortgages, effectively, rise to 5% in January. Meanwhile, the Fed will raise its benchmark rate for the fourth time in 12 months in December.
Nah, doing it in
red,
highlighting (and not
underlining) doesn't make you more beleiveable
You know B20 only applies to renewals at NEW INSTITUTIONS and uninsured mortgages, estimated at under 1% of all mortgages. And Fed rate increase will affect the cad spread favoraby so your thesis that B20 was a game changer just fails miserably.
Go back to posting old BNN videos and articles about how the housing market is going to crash, will you please? You were much more entertaining doing that!