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Paul, Frank and Steve begin the show by talking about how school starting impacts real estate (0:52), how Canadians are dealing with the rise of mortgage rates and inflation (1:34), people walking away from new builds (6:13), and the booming rental market (11:06). After the break, the guys converse about how Canadians living paycheque to paycheque deal with renewing their mortgage (12:06), switching to a variable mortgage (16:48), and banks offering their “best” rate (19:38) . Then, the gang discuss today’s listing numbers (21:51), selling before Christmas (23:32), and when the rates will peak (26:43). To end the show, the guys talk about how much it costs to buy a home in Ottawa (34:03) and today’s 5-year fixed and variable rate (39:16).
By Paul Rushforth Real EstatePaul, Frank and Steve begin the show by talking about how school starting impacts real estate (0:52), how Canadians are dealing with the rise of mortgage rates and inflation (1:34), people walking away from new builds (6:13), and the booming rental market (11:06). After the break, the guys converse about how Canadians living paycheque to paycheque deal with renewing their mortgage (12:06), switching to a variable mortgage (16:48), and banks offering their “best” rate (19:38) . Then, the gang discuss today’s listing numbers (21:51), selling before Christmas (23:32), and when the rates will peak (26:43). To end the show, the guys talk about how much it costs to buy a home in Ottawa (34:03) and today’s 5-year fixed and variable rate (39:16).