11.20.2023 - By Stories and Strategies
Higher rates have slowed overall sales but prices in markets like Toronto have increased by about 3% since last year. Those not buying or selling but whose mortgages are up for renewal are facing challenges, with some being forced to sell or risk losing their homes. In this episode Des and Jason Georgopoulos of Dominion Lending Centres discuss strategies for managing these tough times, including re-amortizing mortgages to 25 or 30 years for lower payments, taking out sho...