Angry Mortgage is a popular podcast hosted by Ron Butler, where he discusses current events and trends in the mortgage industry. Ron is known for his candid and passionate style, often using colorful language and profanity to express his opinions. He covers a range of topics, from the latest developments in mortgage rates to the inner workings of banks and lenders. The show is geared towards both individuals and businesses looking to stay informed and up-to-date on the latest news and trends in the industry. With his extensive knowledge and frank opinions, Ron provides a refreshing and entertaining perspective on the world of mortgages.
Send us a text Here's a Pod to hear all about the state of the Condo Market in the GTA, how about the reasons some Condo Buildings are BAD & some are GOOD. Ever wonder why Condo Monthly Maintenance fees SOAR after completion in year 4 or 5? Get ready for a huge dose of honesty & insight about the biggest RE development story of the last 20 years: GTA Condos: our guest Sam (@saberisixrealestate), has the tea Support the show...
Send us a text Founder & CEO Owl Mortgage We welcome Vince back on the show for a 4th time Vince is involved in Development of 5 Unit projects on existing Single-Family Lots & Wow he has some stories: You need to wait 2 months for a Consent that says a yard with no trees doesn't have trees, it's $1000 to add an "R" to an address & so many other City Approval horror stories And what happens when Co-signers want OFF the mortgage Support the show...
Send us a text A Lender's View Of Mortgage Fraud Albert Collu is the President & CEO of Marathon Mortgage & has over 25 years of Executive experience in the Mortgage Business. He explains the sophistication of today's mortgage document fraud activity. Why it's so dangerous, why it effects Canada's Housing Prices & it is so incredibly unfair to all the honest Canadians who yearn for Home Ownership but watch crooks cheat the system Support the show...
Send us a text Edge Real Estate Analytics Ben is simply one of the very best Macro Real Estate pros in Canada He is ALWAYS the first person to make the right call on key RE Trends, often long before anyone else We tackle: White Collar Crime in RE, the truth about population growth. What's going to happen with rents? What's next in a dead Real Estate Market. What the hell's going on with Blanket Mortgages? The Condo Crash It's a packed episode Support the show...
Send us a text Jeremiah is an Executive Vice President at Colliers & one of the leading Land & Building Salespeople in Canada This episode we are going to look at the current Housing Correction from the point of origin: buying the land to start the Development. He takes is through the Boom Cycle & the Bust Cycle How did we get here? And how long is this current cycle going to last Support the show...
Send us a text Realosophy Realty Having John on the Pod was breakthrough in thinking about the true reasons behind Batshit Crazy House Prices in Canada. Has the mindset of Homes as an INVESTMENT & all that comes with that thinking created an environment of never ending price spirals. How Canada's last big Housing Crisis in 1946 - 1956 was solved without any home price increases Support the show...
Send us a text #1 Insolvency Trustees In Ontario Scott is a return guest with extremely timely updates on Insolvency Trends in in the Province. Hoyes Michalos is the top Consumer Insolvency Firm in: they have the best data Truly awful Trends: Massive Increase In Homeowner Insolvencies CRA goes wild - an extreme increase in Aggressive Collections Credit Availability has DRIED UP Indicators of the future right here Support the show...
Send us a text Here's What's New Ron & Sacha review the Breaking News on Mortgage Rates. Canadian 5 - Yr Bond Yields push 5 - Yr Fixed Rate Mortgage in the low 4% Range, the Sweet, SWEET 3.64% 5 - Yr Fixed Rates are gone, is it time to Switch Back to Variable Also a flurry of house purchases in a really terrible Resale Market: what going on? It's Interesting: all the purchases were LESS than the list prices And Ron has a message for BC Premier Dave Eby..... not a nice one Support the show...
Send us a text Want to Build Your Own House? Derek is the President of Westboro MIC & one of their Specialties is providing Construction Mortgages to Ontarians to build their own homes. It's complicated, the Borrower needs a lot of cash to get started & should be prepared to for a complex process to finish but it's possible Ron & Derek cover the Private Lending landscape in detail Support the show...
Send us a text Nobody Knows Real Estate Like An Expert Lender Nick Is one of the very top Equity Lenders in Canada His Company RiverRock Mortgage Investment Corporation is one of the best run operations in Ontario Ron & Nick break down Product & Regions in Real Estate & Mortgage all across Ontario Support the show...
Send us a text On The Street Mortgage Broker Feedback Rob is one of our favorite guests & this Pod is so damn funny What's going on in Mortgage World: Purchases way down, Renewals & Refinances way up How the economy impacts on Mortgage Choices & it is really starting to go in direction What should we expect from the economy in the next 2 quarters And GOD SAVE KING CHUCK Support the show...
Send us a text What A Finish! One of the most hard fought & important elections in generations comes to a close & some people are cheering & others in tears And Real Estate in Ontario in particular is entering a new phase of worries & most importantly the need for urgent attention to Low Rise Housing development had never been more compelling Ron really loses it on the insanity of the Greenbelt Support the show...
Send us a text Trump Moves Mortgage Rates In Canada Sweet Jiminy Crickets who would have thought a US President could swing Mortgage Rates so far, so fast: Ron covers it. What happens April 16th? What will the Bank of Canada do? Cut or hold? Where will Prime go during the year What are the 3 biggest lies in the Mortgage business: we have lots more than 3 and we are going to cover them all And Ron's Gross Rant: the craziness of Politicians promising to build 500K Homes a year Support the show...
Send us a text A real pleasure to have Legal Closing Founder & Ace Real Estate lawyer on the Show This is the ultimate Deep Dive on the 416 Condo Crash & it's all the gritty details, we will go all the way back to 2010 & track every step on the road to the Disaster Toronto Dog Crate Condos face in the next 24 months Big Episode but we'll worth it Support the show...
Send us a text Canada's Economy in the Crosshairs, the constant assault of the Trump Tariffs / Trade War looms over every strategic thought in Canada today & the uncertainty of the future of auto parts & car assembly plants can change the Bank of Canada's approach to Rate Cuts in a huge way What happens on April 16th Will Inflation come back What Mortgage Rate to take Let's get into it Support the show...
Send us a text Really a privilege to have Julian on the Pod, CAPREIT is the largest Landlord in Canada & the spotlight on affordable Rental Housing is bigger than ever We cover: - Why huge professional Landlords just make more sense - Why Renters may be much better off with REIT managed properties than Mom & Pop Landlords - The coming 416 Condo Crash & the implications for the Rental Market - How Dog Crate Condo reductivism betrayed Renter & Investors Support the show...
Send us a text We break down last week's BoC Rate Cut & the future of Mortgage Rates for the next few months How does it affect the Housing Market moving forward? Because there is a lot going on in Real Estate! Listings are piling up, sales have fallen off a cliff, Mortgage Underwriting is tightening up We are entering into a whole new world of Real Estate in Canada And Ron had a HUGE rant to make Support the show...
Send us a text All about Commercial Mortgages For the first time on the Pod a deep dive on the Commercial Mortgage Market What are the trends, what's the Outlook, what to expect next year The effect of the Trump Tariffs are highly impactful on the Commercial Mortgage World. Vanessa discusses how just the FEAR of a Trade War is rippling through Canada: just how hard will it be to get a Commercial Mortgage done? Support the show...
Send us a text The CEO of the largest Residential Real Estate lawyer in Canada Axess Law is our guest & do we have some interesting facts about Fraud attempts at the Lawyer's Office Elder Abuse is off the charts when it comes to adult children trying to take advantage of elderly parents through Title & Mortgage Fraud & the stories about FAKE Wives are both sad & hilarious Welcome to the world of RE law that you have never known before Support the show...
Send us a text And why does it take so long to get anything in Ontario approved: I have the right person to give those answers. Our Special Guest Ian Jones has nearly 60 years of experience building Condo, Commercial Mixed Use & you name it in North America He had lived through the highs & lows of those 60 years of Building & Development in Ontario & no one can tell the story of the coming Condo Crash, the relentless challenges of Government induced expense & complexity bette...
Send us a text Today Fixed Mortgage in Canada have become a part of the ever changing, never calm, always in turmoil world of Donald Trump: Tariffs ON / Tariffs OFF / Tariffs for the Whole World. And throw in some US Federal Reserve Chairman Powell for a bit of extra action. Canada Bond Yields & Fixed Rates fell 2 weeks ago & 3.94% 5 – Yr Fixed Rates popped up everywhere, a week later Bond Yields retraced 20 bps & very low 4% became more normal. Let’s assume after Jerome Powells Hawk...
Send us a text The big story of last week in Real Estate was a big downward shift in Fixed Mortgage Rates in Canada. Many Fixed Rates dropped below 4% with brief flashes of 3.84% on CMHC purchases Some Conventional Rates under 4% BIG DIFFERENCE from 4.59% - 4.39% just 2 months ago. Does this mean now is a good time to buy a house? MAYBE But with the return of the Trump Tariffs a possibility is buying a home today to chancy And welcome Jeanine Borges our Butler Mortgage Office Manager to the Podc...
Send us a text When we record the Pod on Friday there was still debate when Tariffs will start & whether Oil & Gas would be a carve out but please hear this: the volatility on Mortgage Rates is big. Huge fluctuations in 3 & 5 year bond yields are creating a Roller Coaster effect which may lead to lower rates this week Resale Purchase business had ticked up in January but still tons of listings so a Buyers' Market which creates some of its own chaos Bottom line? Mortgage Borrowers MUS...
Send us a text Scott is the Manager for the Biggest Private Consumer Insolvency Firm in Ontario: Hoyes Michalos. Insolvencies based on Real Estate related issues have soared in the last 18 months.& Scott has the insights & analysis from the ground floor of the financial disaster zones The lessons of Co-signers, the perils of building a rental empire, the confluence of everything going wrong at once & what can be done to work out debt problems. An episode packed with unique insights ....
Send us a text Sometimes you must investigate what is going in the trenches of the mortgage business: what are borrowers saying, what they are they thinking. This week we have Sacha Fabry a Front-Line Mortgage Broker at our company who is fielding over 100 calls a week from mortgage borrowers. What kind of mortgage do they want, how bad are the renewal increases, is there really a mortgage rate WAR at the Banks? Why to NEVER trust the First Rate you are offered? Is it genuinely getting harder to...
Send us a text We needed a bigger Podcast to accommodate one of the most important people in the Mortgage Business: John Webster. John's contribution to the Mortgage Brokerage space is legendary & we cover the history of his innovations, breakthroughs & domination of Mortgage Broker Origination. We touch on Housing Policy, Mortgage Qualification & the implications of the new LTI Portfolio Rules & how they will effect mortgage borrowers in Canada. And how John is standing up a who...
Send us a text Rob is back on the show a record fourth occasion because well, he's just that good a guest. Let's talk Mortgages: what's the truth about the massive renewal year we will have in 2025, huge boom for mortgage professionals or total bust as incumbent lenders match every rate offer. What about home buyers? Where are they? Are there any First time home buyers? What about the rental marke? Where are mortgage rates going? Finally Canada will have a new Government soon. What effect on mor...
Send us a text Our special Guest is the Founder of Veritas one of the original Independent Financial Research Firms in Canada. Anthony is one of the few Researchers who employes Street Level investigations to reveal the truth about markets: wait till you here the story of going out & buying Condos to understand the sales tactics used by Developer’s Agents, the make-up of the Buyer Pools & the Psychology of the Condo Market place. We review the current Toronto Condd Crisis, the effects of...
Send us a text Our Special Guest is a one of the true Masters of Social Media & has a massive & loyal following on Tik Tok. We delve into what makes Social Media Marketing work, what doesn’t work & how you should do it. The aftermath of the Bank Of Canada Cut, Yesterday New Mortgage Guidelines came into effect: review & what to expect. Why the heck are homes so far away from Vancouver & the GTA so expansive? Little rural towns 1.5 hours drive away from New York aren’t over $1...
Send us a text Bad Jobs Report up to 6.8% worse news for Ontario: 7.6%, only Alberta & Quebec created any employment growth. Bank OF Canada Announcement on Wednesday: Will they cut 50 BPS? Many think so. 25 BPS is guaranteed. Much MORE important the cuts will keep coming, expect a 2.50% BoC rate by Summer 2025. Let’s get clear, the correct answer to 75% of the “Which Mortgage” question is Take Variable. We will here a lot about the Falling Canadian versus US Dollar but let’s be clear: The Bo...
