Ask the Expert: Steve Garganis – How Trump’s tariffs will affect your Canadian mortgage + MORE Feb 1st

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Canada Mortgage and Housing Corp. says high housing costs are restricting population mobility in the country, as Canadians are finding that it’s too pricey to buy or rent in cities where they seek jobs.

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Ask the Expert: Steve Garganis – How Trump’s tariffs will affect your Canadian mortgageI will start with a quote from Trump’s book, The Art of the Deal

“I aim very high and then I just keep pushing and pushing and pushing to get what I’m after. Sometimes I settle for less than I thought but I still end up with what I want.“

In the summer of 2016, ahead of the U.S. election, I was sitting at a business dinner. In attendance was one guest who was from the U.S., who had a distinct southern drawl which drew attention from us Canadians.

At the time, presidential hopeful Donald Trump was being mocked and ridiculed by the media as joke. Nobody thought he would be voted in. Then this southern gentleman made this statement: I think Trump will win. We all laughed, but he said the people were tired of the status quo. They didn’t like where the country was going. They were not happy.

And that’s really what it came down to for him: When the masses are not happy in a democratic country, eventually there will be change.

The change happened quickly, and not just for Americans:  Read more – Interview with Steve…

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Canadian Mortgage Trends has learned that only a few major lenders are currently accepting applications for the federal government’s secondary suite refinancing program.

Continue Reading On canadianmortgagetrends.com »

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