Major Changes in the Canadian Mortgage Market | Refinancing Up to 90% LTV Explained

Welcome to Make Money Count! Are you looking to maximize your home's potential? The Canadian government just introduced a game-changing refinancing option allowing you to refinance up to 90% of your property's value! In our latest podcast episode on Make Money Count, we break down everything you need to know about this new program, including:

✅ How to qualify for the 90% LTV refinance
✅ Potential risks and how to navigate them
✅ Tips for adding rental units to boost your income
✅ Insights into recent CMHC policy changes and what they mean for you

Timestamps

00:00 - Introduction
00:04 - New Refinancing Option: 90% Loan-to-Value
03:44 - Risks and Challenges for Homeowners
05:45 - Recent CMHC Policy Changes
08:29 - Economic Factors Affecting Mortgage Rates
11:03 - Advice on Switching from Fixed to Variable Rates
13:58 - Future Outlook: What to Expect in 2025
17:03 - Conclusion and Final Thoughts

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