Under One Roof

This week on Under One Roof MTL, we discuss why variable rates are falling but fixed rates aren't. Plus, everything you need to know about mortgage penalties (ALWAYS READ THE FINE PRINT!). And, why multi-generational living is becoming more and more popular in Canada.

This week on Under One Roof MTL, we break down the financial implications of the Bank of Canada's latest interest rate cut, decreasing the overnight lending late by an additional 50 basis points, bringing the key rate to 3.75%. How will this cut impact the Canadian economy, and the real estate market?

Plus, we dive in (no pun intended) to recent changes in Montreal's flood zone map, and what this means for homeowners who now find themselves situated in flood zones.

This week on Under One Roof MTL, Robyn, LJ and Martin discuss the latest inflation data, and try to guess what the Bank of Canada will do with interest rates this week.

Plus, do Boomer and Gen X parents owe it to their Millennial and Gen Z kids to help them purchase their first home?

And, everything you need to know about down payments!

This week on Under One Roof MTL, we try to predict what will happen with interest rates in Q4 2024. Plus, as interest rates keep coming down, should you go with a fixed or variable rate right now? Meanwhile, the bond market is heating up. What does this mean for homeowners, or people who are looking to buy a house right now?

We also explain what it means to break your mortgage, and go over the pros and cons of doing so, in addition to discussing how to get out of your lease, AND we have valuable tips and insights for snowbirds who either already own property in Florida, or are considering purchasing a vacation home in the hurricane ravaged state.

We're baaaaack! Fred Pichette and Martin Spalding, of Fred and Martin Mortgages, are joined by LJ Aguinaga, of LJ Realties, to recap some of what happened in the housing market this market, including by not limited to a significant decrease in interest rates, changes to the stress test, and other rule changes by the federal government to (hopefully) make homeownership a little more attainable for young Canadian adults.

This week on Under One Roof MTL, the gang chats about the capital gains tax rule changes that go into effect this week. Plus, they look at how the bond market impacts fixed rate mortgages, AND whether or not homeownership is realistically attainable for young adults without assistance from the bank of mom and dad.

This week on Under One Roof MTL, we're joined by Jean-Philippe Saumure from Equifax Canada, to discuss the latest Canadian consumer credit trends. Plus, we do a deep dive into whether a fixed or variable rate mortgage is the best option for homeowners right now, AND chat about the payment shock that many Canadians are experiencing as their mortgages come up for renewal at much higher interest rates.

This week on Under One Roof MTL, the team tackles the Bank of Canada's HUGE announcement this week to drop the overnight lending rate by 25 basis points. Plus, we'll tell you everything you need to know about credit reports, and fixing your credit score, as well as explain what a bridge loan is and when you might use one.

This week on Under One Roof MTL, we're joined by Mario Cloutier from Manulife, to talk about the different kinds of insurance products available to homeowners, and how they can determine which products are right for them and their families.

We also chat about the Bank of Canada's upcoming interest rate announcement, as well as what Canadian home values continuing to increase means for both first-time homebuyers trying to enter the market, as well as retirees whose financial plans are tied up in their homes.

This week on Under One Roof MTL, we tackle the latest Canadian inflation data, and what this means for interest rates and the real estate market. Plus, we tackle how first-time homebuyers can improve their credit before applying for mortgage pre-approval.