REal Talk

Frank and Steve are joined by Dora from Paul Rushforth Real Estate start the show by talking about Ottawa’s real estate inventory (1:08), the September 6th interest rate announcement as well as how inflation, government taxes and programs are impacting Canadians (2:48), the increased difficulty of borrowing money (10:26), and current bargains in Ottawa real estate (11:54). After the break, Sean Reid, a mortgage lender, discusses to the world of private lending vs. traditional lending (14:30). Then, a listener phones-in to ask about buying property near the LRT (23:31) and the gang converse about buying in developed areas vs. rural (28:13). To end the show, the gang talk about being proactive with your mortgage renewal (33:13) and people selling due to renewing their mortgage (35:01).

Paul, Frank and Steve start the show by conversing about what’s affecting a rise in interest rates (1:11), optimism in the real estate market (5:10), and how new builds are affecting the market (7:32). After the break, the guys talk about what cities have the most homes with no mortgage (10:29), the rental market in Ottawa (12:20), the bond market, where interest rates are going and how it affects the market (14:35). Them, the guys discuss where we’ll see the market head in the spring (20:48), the importance of shopping for rates (23:59), the qualifying rate hurting first-time homebuyers and people looking to refinance (25:35), and townhome prices past vs. future as well as what buyers can do to guarantee a sale (28:13). To end the show, the gang converses about qualifying for fixed vs. variable rate (32:24) and the next Bank of Canada announcements (38:34).

Dora from Paul Rushforth Real Estate joins Frank and Steve, and they start the show by discussing when the spring market will start in 2023 (1:05), fixed vs. variable rates (2:20), and how rates are impacting buyers and first-time home buyers (8:28). After the break, an expert calls-in to talk about mortgage fraud and what buyers can do to protect themselves (11:40). Then, the gang converse about title insurance and open banking (23:10) as well as when to list your home in Ottawa (30:08). To end the show, the gang talk about the importance of guarantors (36:12) and the struggles with buying from new builders (41:13).

Paul, Frank and Steve begin the show by discussing the economy and interest rates (0:00), January real estate numbers (6:00), and down payments becoming more affordable (10:41). After the break, a listener phones-in to ask about banks lending money on land (14:32) and another listener calls-in to ask about title insurance (18:24). Then, the guys converse about why you need to REALLY buy a house right now (22:30), increases in pre-approvals as well as why buyers aren’t qualifying (29:57). To end the show, the guys talk about 5-year fixed mortgages and other rates (35:02), commercial mortgages (38:12), and whether people should sell right now (40:03).

Paul, Frank and Steve begin the show by conversing about new Canadian job numbers, recession and interest rates in 2023 (1:17), real estate predictions in 2023 (4:54), and whether people should be listing their homes in January (9:00). After the break, the guys talk about whether people are still looking for mortgages (10:27), and short term vs. long term mortgages (15:35). Then, the gang discuss variable vs. fixed mortgages (21:29), the anti-flipping tax and other government real estate regulations (26:37). To end the show, the guys converse about the 2023 spring market (33:55), seller expectations (37:09) and a listener phones in to ask about real estate scams (38:13).

Paul, Frank and Steve start the show by talking about how the LRT has affected home prices (1:13), tips for selling your home during winter (2:46), real estate forecast for 2023 (3:41), OSFI mortgage rules and the dying dream of buying a home (5:04), and why now is the time buy a home in Ottawa (10:59). After the break, the guys converse about mortgage fraud (12:51). Then, a listener phones-in to ask about collateral mortgages (23:01) and the gang discuss parents helping with down payments (32:08). To end the show by talking about whether early renewal is a good idea (34:33), timing in real estate (36:40) and future mortgage rate predictions (38:55).

Frank and Steve are joined by Dora from Paul Rushforth Real Estate, and they begin the show by conversing about the potential spring market (0:39), how people are dealing with the rising rates (2:03), and a listener phones-in to ask about the attributes of a good mortgage broker (7:12). After the break, the gang discuss first-time homebuyers (13:17), and another listener phone-in to ask about land value in Kemptville and land financing (15:43). Then, another listener calls-in to ask about having a mortgage vs. carrying a line of credit (22:19) and the gang talk about why real estate can be about timing (28:10) and why buyers and sellers need to meet in the middle in this new market (31:40). To end the show, our final listener phones-in to ask about construction rules with duplexes and if there’s any financing regarding those needs (35:25) and the gang converse about whether investment properties are becoming more attractive (40:14).

Frank and Steve are joined by Josh from Paul Rushforth Real Estate, and they start the show by conversing about interest rates going down (1:42), November real estate numbers (6:45), and mortgages that are maturing this year (9:08). After the break, the guys talk about grumpy sellers and happy buyers (12:11), real estate and mortgage help from the government (14:20), and first-time homebuyers, foreign investors and lenders (19:34). Then, the gang discuss short term mortgages and the importance of getting a second mortgage opinion (22:31), issues occurring with new home builds (28:46), vacant home tax and the government wanting to know your financials (29:33). To end the show, the guys converse about buying condos vs. homes (35:10), customer research before buying a home and being pre-approved (41:00).

Paul, Frank and Steve start the show by discussing selling homes during the Holidays as well as home prices coming down (1:03), and the amortization should be raised for first-time homebuyers (7:07). After the break, the guys converse about stress test changes (12:30), why prices will increase in 2023 and how baby boomers affect this (15:00), and immigrants buying homes in Canada (18:18). Then, the gang talk about the importance of professional real estate pictures (22:19), and variable vs. fixed-rate mortgages (30:28). To end the show, the guys discuss a 2022 recap of real estate and mortgages (34:17).

Steve is joined by Dora from Paul Rushforth Real Estate and Barb from Mortgage Brokers Ottawa, and they begin the show by talking about the current Ottawa real estate market (1:19), where interest rates are heading in 2023 (4:08), whether people are re-amortizing and how it’s affecting people’s budgeting habits (7:48). After the break, Barb shares her “Did You Know” tip of the week (11:46), the gang converse about the best time to list your home in 2023 (14:55), as well as listing during the Holidays and what sellers are looking for in a home (16:28). Then, a listener phones in to ask about blend and extend mortgages (22:15), the gang also discuss how rental prices affect people saving money for a home (27:04), the difficulty of buying a home while holding onto a rental (29:04), and another listener phones in to ask about being a builder owner vs. owner occupier (31:11). To end the show, the gang talk about whether we’re seeing first time homebuyers enter the market (34:00), and how much should people be saving to buy a home (38:36).