主题：BMO的房贷按揭利率 -- 菜馆编辑部
to do the same stupid things as their American cousins once did.
Canadian mortgage liabilities keep on piling up. Canadians are accumulating more and more HELOC debts. Income growth in the whole Canada (except for Alberta) is crawling, while people need to maintain their living standards: thus more debt is the right solution.
CMHC did the right thing to stop insuring HELOC loans. It is less probable that Canadian gov. will have to rescue CMHC since the regulators are quite vigilant on the housing market.
Anyway, BMO started the rush to the bottom with the shameless 2.99% 5-year program to grab market share. All others followed and then the net effect is: every bank becomes a loser.
HOUSING PRICE IN CANADA HAS REACHED ITS HISTORICAL TOP. And there is no more fuel to justify further hike in housing price. Canadian regulators can only pray that the current peace can last as long as it can.
Why smart people are so angry at BMO? Because they know that the housing market is a volcano to burst.
- 相关回复 上下关系8
🙂情况汇总一下 18 本嘉明 字1999 2012-03-19 17:20:55
🙂这个贷款不能提前还贷，不能加速还款吧 forger 字146 2012-04-10 19:19:22
🙂兄弟去看看老白们的反应 本嘉明 字391 2012-04-10 22:08:47
🙂Canadian banks are going
🙂Romney's biggest issue 3 DMSO 字302 2012-03-14 12:01:15
🙂支持~ tanis 字29 2012-03-13 21:41:02
🙂没看明白，什么时候老本被封杀了？ 2 rfid9968 字600 2012-03-12 19:57:42
🙂不用了， 找到那好多绿地。 2 rfid9968 字91 2012-03-13 01:58:12