2014 Canadian Mortgage Predictions | Canadian Mortgage Hangout


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What Will Mortgages in Canada Look Like in 2014?

After what seemed to be a very long Christmas break, we were back live with the first episode of Canadian Mortgage Hangout in the new year.

On this episode of #cmhTV, we predicted and prognosticated where mortgages are headed in Canada for 2014. General consensus is:

"I don't believe we will see terms longer than 5 years qualified at the bank posted rate as this will remove the incentive for Canadians to take longer terms!"

What do you think will happen with mortgages in Canada? What would you like to see? Let us know in the comments!

President of First Foundation Residential Mortgages and First Foundation Insurance. Live in Edmonton but cheer for the Riders. I have lots of kids. Follow me on Twitter @gordmccallum

Learn more about Gordon McCallum