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Frank and Steve are joined by Dora from Paul Rushforth Real Estate to start the show by discussing how the early sunset impacts buying and selling a home (2:32), why we’re in a normal real estate market (3:30), requalifying when you want to port your mortgage (5:14), and economists being against the hold in mortgage rates (9:16). After the break, the gang converse about people deciding to move outside Ontario due to housing costs (13:27), what type of homes first-time homebuyers are looking for (15:54), how to price a home in this market (16:52), fixed vs. variable in the next 18 months (18:17), and why we’re in a “soft” recession (21:39). Then, the gang talk about our October real estate stats and today’s market (24:25), what people are doing today when they’re up for mortgage renewal (28:21), and increasing your amortization (33:15). To end the show, the gang discuss mortgage renewals and how they impact the economy (35:31), rate drop predictions (38:48), and when is the best time to buy (42:16).
By Paul Rushforth Real EstateFrank and Steve are joined by Dora from Paul Rushforth Real Estate to start the show by discussing how the early sunset impacts buying and selling a home (2:32), why we’re in a normal real estate market (3:30), requalifying when you want to port your mortgage (5:14), and economists being against the hold in mortgage rates (9:16). After the break, the gang converse about people deciding to move outside Ontario due to housing costs (13:27), what type of homes first-time homebuyers are looking for (15:54), how to price a home in this market (16:52), fixed vs. variable in the next 18 months (18:17), and why we’re in a “soft” recession (21:39). Then, the gang talk about our October real estate stats and today’s market (24:25), what people are doing today when they’re up for mortgage renewal (28:21), and increasing your amortization (33:15). To end the show, the gang discuss mortgage renewals and how they impact the economy (35:31), rate drop predictions (38:48), and when is the best time to buy (42:16).