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2 Responses to “Changes in Rates and Rules – Is it all Just Talk? – The Mortgage Minute, May 23, 2012. MP4”

  1. 6597473 Says:

    CANADIANS… WATCH.. “OH CANADA OUR BOUGHT AND SOLD OUT LAND” IT’S ON YOU TUBE /watch?v=UbACCGf6q-c ….THEN POST TO FACEBOOK!!!!…. CANADIANS VIEW BANKS AS AN EXTENSION OF THE GOVERNMENT. IF ONLY A SMALL PERCENTAGE OF CANADIANS TRANSFER MONEY OUT OF THE BANKS IT WILL HAVE A DEVASTING EFFECT ON THE ENTIRE SYSTEM, STOP ALL DIRECT DEPOSITS! PROTECT THE ‘VALULE’ OF YOUR MONEY FROM DEVALUAITON! GET IT OUT OF THE BANKS AND INTO SOMETHING “PHYSICAL” SILVER, GOLD ETC.. STOP DIRECT DEPOSITS!!

  2. MathieuPowell Says:

    Great vid, Peter.
    I’m still trying to figure out why OSFI was politically sanctioned to oversee CMHC. From all the reports I’ve read, CMHC’s prudence helped stabilize the Canadian real estate market.

    And who is Vlasios Melessanakis? Why is he spouting rediculous predictions for banks to prepare for a 40% drop?

    I agree that credit cards are the real problem – especially if the OSFI mandated reduction in HELOCs to 65% takes place. The demographic I serve often need to access inexpensive money.

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