Mortgage market meltdown? // #TORE #51

In this episode, we explore the impact of rising interest rates on the housing market in Canada. We discuss how higher interest rates are driving down home prices and making it more difficult for families with large mortgages to afford their monthly payments. We also examine the potential consequences of this trend, including an increase in foreclosures and a decline in homeownership rates. We talk to experts about the reasons behind the rising interest rates and what can be done to mitigate the negative effects on homeowners. If you are a homeowner or are thinking about buying a home, this episode is a must-listen as we provide valuable insights and strategies for navigating the current housing market.