How Trade War & Tariffs Impact Canada's Housing Market | The Mortgage Den

In Episode 7 of The Mortgage Den, Nick Da Silva and Mortgage Agent Brian Greenwood from Northwood Mortgage break down how the ongoing Canada–U.S. trade war and rising tariffs are affecting the Canadian housing market. They explore how tariffs increase costs for consumers and businesses, reduce U.S. demand for Canadian exports, and trigger concerns about job losses and a potential recession in Canada. The episode explains how the 2020 recession led to lower mortgage interest rates, making home ownership more affordable—but with rising inflation in 2024, the Bank of Canada may respond by increasing rates, potentially causing stagflation. Nick and Brian also discuss how stock market volatility is impacting real estate investments, new home construction, and housing affordability. The episode concludes with expert predictions on future interest rate changes, the strength of the Canadian dollar, and how government responses to U.S. tariffs could shape the future of Canada’s real estate market.

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Reverse Mortgages EXPLAINED: The Pros & Cons | The Mortgage Den Podcast

In the sixth episode of Northwood Mortgage's The Mortgage Den Podcast, hosted by Nick Da Silva and mortgage agent Michael Dorego, we dive deep into the benefits and risks of reverse mortgages for seniors and retirees. With rising mortgage debt among aging homeowners, reverse mortgages are becoming a popular financial solution for individuals aged 59 and older who want to stay in their homes while accessing their home equity.

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In this fifth episode of The Mortgage Den Podcast, hosted by Nick Da Silva, we dive into how to prepare for mortgage renewal in 2025 in Canada. Joined by expert mortgage broker Scott Robson from Northwood Mortgage, we discuss why two-thirds of mortgage renewals are set to happen in the coming years. We stress the importance of starting your renewal process 3-6 months before your mortgage expires to avoid stress and ensure the best deal. Homeowners are encouraged to consult with mortgage brokers who can offer a wide range of lender options and help navigate refinancing to manage debt effectively. This episode also covers Canada’s new mortgage rules, which make the mortgage switching process easier, allowing borrowers to qualify at actual rates instead of the stress-test rates. Additionally, we explain why professional advice is crucial, as lenders often offer discounts to retain clients. With actionable advice, this episode is a must-listen for homeowners seeking to understand mortgage renewal strategies and make the most of their options. Tune in for expert insights with Northwood Mortgage Ltd.

CHAPTERS:

0:00 Intro

0:32 The Current State of the Mortgage Renewal Environment

1:17 Mortgage Renewal Tips You Need to Know for 2025

1:53 Pros and Cons of Using a Mortgage Broker in Canada

3:25 Key Updates: Canada’s New Mortgage Rules Explained

4:13 Who Can Switch Mortgages Without a Stress Test?

4:32 Lender Strategies: Professional Help for Mortgage Renewals

5:37 The Role of a Mortgage Broker: How They Help Homebuyers

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When is the Best Time to Buy a Home? | The Mortgage Den

In Episode 4 of The Mortgage Den, host Nick Da Silva and Royal LePage Broker Ken Latif discuss the latest trends in the Canadian real estate market. Despite a 2.5% month-over-month decline, the market shows a 1.5% year-over-year increase, presenting both opportunities and challenges. They explore the impact of high interest rates on homebuyers, many waiting for rates to drop, and how reduced immigration has led to a rise in inventory, now at 17,000 properties—up 148% from last month. They also touch on the challenges homebuilders face with stalled projects and a surplus of 25,000 unsold units. Despite these obstacles, Ken Latif explains why now might be the best time to buy for financially prepared buyers. With Ontario real estate appreciating at an average of 6-7% annually since 1960, experts remain optimistic about future price growth. Tune in to The Mortgage Den for expert insights on navigating the Canadian real estate market.

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What Every First Time Home Buyer In Canada Needs To Know | The Mortgage Den

In the third episode of The Mortgage Den by Nick Da Silva, we will guide you through what every first-time homebuyer in Canada should know, including new mortgage rules, and explain how they impact homebuyers across the country, potential tariffs from Donald Trump and his administration, and much more. In the company of mortgage expert Natalie Araujo, we will discuss the new mortgage landscape, new builds, and the basics of mortgages. Don't let these valuable insights pass you by in making the right decisions in today's market with Northwood Mortgage Ltd. Catch The Mortgage Den for all Canadian mortgage news and real estate updates!

Chapters:

(0:00) Intro

(0:49) Impact of New Mortgage Rules on First Time Home Buyers in Canada

(2:24) New Property Investment Rules in Canada

(3:10) Are New Rules Beneficial for First-Time Home Buyers?

(4:12) Mortgage Broker Advice on Buying Your First Home in Canada

(4:46) How Donald Trump's Tariffs Will Impact Mortgage Rates in Canada

(6:56) What Should Every First-Time Home Buyer Prepare Before Buying a Property?

(7:40) How to Get a Mortgage When You're Self-Employed

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How to Manage HOLIDAY DEBT with REFINANCING | The Mortgage Den

In the second episode of The Mortgage Den by Nick Da Silva, we break down the impact of holiday spending on your finances and how it can lead to credit card debt and high-interest obligations. We’ll explain how refinancing can help consolidate your debt, lower payments, and reduce interest rates, with mortgage broker Nirvina Shamshudin. We will also discuss when refinancing is a good choice and when it isn't, such as if you know you'll be selling soon. We will walk you through the refinancing process and help you link it to your long-term financial goals. Don't miss these expert tips for managing your holiday debt and making smarter financial decisions in 2025!

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In this, the first episode of The Mortgage Den by Nick Da Silva, we dive into the new mortgage rules in Canada and explain how they impact homebuyers, homeowners, and investors. Joined by expert mortgage broker Nirvina Shamshudin, we break down key updates on the stress test, down payment requirements, and debt service ratios, along with changes affecting first-time homebuyers and investor properties. We also examine how those changes in mortgage rules may influence mortgage affordability, mortgage accessibility, and monthly payments while examining their potential impacts on the Canadian real estate market-from housing prices to demand and regional trends. Take expert advice and strategy to navigate these changes, whether you're a first-time buyer, refinancing, or working out your real estate investments.

Don't miss these must-know insights to make the right decisions in today's market with Northwood Mortgage Ltd. Listen to The Mortgage Den for all your mortgage news and updates on real estate in Canada!

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