MHC Mortgage Services Inc

I always find it amazing when the big guns come out with data that they find shocking.  GDP cooled in April for the first time in the past number of months.  Experts suggest that the expiry of housing incentives, new taxes, and overall lack of spending money have been the catalysts for this slowdown.  Wow, this doesnt seem like rocket science.  You have the mortgage insurers changing all the rules to further hinder purchasing a home, you drop all the incentives to buy, the canadian dollar flies to parity, there is an introduction of a new way to calculate consumption tax in two large producing provinces and these guys find it shocking that GDP falied to go up in April.  Who needs the stats when you work directly with consumers everyday?  I see them coming in all the time.  People like you and me who 2 years ago, didnt have a worry in the world and now? They are scrambling to pay the mortgage.  One half has since lost an income, the credit card bills are at 19% interest and the costs of living in the real world have skyrocketed.  I am dumbfounded about where the money goes every day, and can relate to these consumers and the challenges that are in front of them.   These are the times which consumers need experts that care.  I really think the best way for stats can to collect their data is to walk up and down the streets of canada and speak to real people.  They may get some crazy opinion, but the delivery and the feel will be truly telling…

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