Mortgage Renewals: How to Survive a HOT Housing Market
In this week’s episode of the Ottawa Real Estate Podcast, we break down the surprising resurgence in Canadian real estate activity and what’s driving it. We talk about mortgage renewals, why more buyers are including conditions to sell their homes, how job market strength is influencing rate expectations, and why fixed mortgage rates haven’t dropped even as bond yields fluctuate. Plus, a bit of Thanksgiving humour to lighten things up.
00:00 Introduction and Market Overview
01:59 Multiple Offers On Properties
03:54 Renewals and Buyer Conditions
07:48 Job Market Insights and Economic Indicators
08:48 Bank of Canada Rate Predictions
09:54 Market Volatility and Fixed Rates
13:01 Regulatory Changes and Competition in Banking
17:49 OSFI Clarifications and Industry Reactions
21:12 Canada's Financial System
27:10 Mood Boosts
Get in touch with us!
Paul Stevenson - Mortgage Agent Level 2
CENTUM Financial Services LP
Email: paul@paulstevenson.ca
Phone: 1-613-263-4543
David Warren - Mortgage Agent Level 2
Referral Mortgages
Email: david@referralmortgages.com
Phone: 1-613-686-6003
https://www.referralmortgages.com
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If you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com or leave us a comment below!
New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com
Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group and Easy Neon Signs.
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