Bill 23 impact, Advice for agents, Economists on inflation, Consumer sentiment still low, Mortgage billionaire, More

Bill 23: Are new property tax increases on the way?

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22 February 2023

Top news Bill 23: Are new property tax increases on the way? The controversial new legislation was recently passed in Ontario How can mortgage agents stand out in the current market? It starts with picking up the phone, according to a leading executive Extra wiggle room with 35-year amortization With higher interest rates, affordability is a concern for borrowers. Our expert BDM helped lower a client's monthly payments and free up some ratio room by refinancing on a 1-year term with a 35-year amortization. Now, the client has an extra $800 monthly to pay off debt Bridgewater Bank Latest inflation figures: Economists give their verdict Experts break down the likely effects of Canada's latest CPI results Consumer sentiment: How is it faring amid current market conditions? Nearly half of Canadians harbour doubts about the economy's near-future strength Mortgage billionaire turns to TD banker He is looking to pick up more financial services companies Which markets have seen the greatest rent increases of late? New survey highlights rental market hotspots in Canada CMHC issues last call for CHB top-up applications The March 31 deadline is fast approaching International news Applications plummet to new low as rates reach highest in three months Sharp drop in mortgage applications attributed to the sudden surge in mortgage rates Mortgage demand further declines Consumer credit demand softens in the December quarter, with credit demand driving overall growth, data shows Mortgage market outlook - 2023 looks tough but 2024 looks rosier Market data is being skewed favourably leading to misconceptions RBNZ makes first rate call for 2023 Mortgage advisers weigh up borrower impacts CMPTV What to expect in 2023 Hear from top lenders as they provide an update on what matters most to brokers for gaining traction in 2023 and beyond

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