REal Talk

November 18th, 2023: How Do Interest Rates Impact Buying Habits


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Frank and Steve are joined by Dora from Paul Rushforth Real Estate and begin the show by talking about mortgage and economy predictions (1:42), today’s home prices and inventory (4:01), whether we’re in a balanced market and the appetite for townhomes (6:00), as well as transforming office buildings to condos (9:14). After the break, the gang converse about how interest rates are impacting buying habits (12:28) and whether Canadians are timing the real estate market (17:25). Then, the gang discuss where investors are at in today’s market (22:01), why you shouldn’t take a 5-year fixed today (26:17), everything about private lenders (28:34), and the difficulty of fixer-uppers (32:04). To end the show, the gang talk about Christmas decorations when selling your home (34:35) and fixed-rate vs. prime-rate (37:43).

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REal TalkBy Paul Rushforth Real Estate