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Real estate investors- Are you prepared for lower interest rates?

Real estate investors: Are you prepared for lower interest rates?

For years, everyone from the Bank of Canada to your average taxi driver has been calling for higher interest rates, but what if interest rates actually are about to go down? How will that affect the market and are you prepared as a real estate investor? Learn more on this episode Related Links Bank of [...]

Variable vs. Fixed Rate Debate Solved Once and For All – with Dustan Woodhouse

In Canada approximately 18% of all mortgages are variable rate mortgages. Dustan Woodhouse is one of Canada’s top mortgage brokers and 93% of his clients get variable rate mortgages - find out why on today’s episode. Related Links Dustan Woodhouse website Dustan’s video blog on Variable vs. Fixed Click Here for Episode Transcript Andrew la [...]

Bank of Canada Cutting Rates Again. Are Low Interest Rates Here to Stay?

In this special solo episode, Andrew la Fleur provides 5 thoughts on interest rates as they pertain to real estate investors. Andrew has been saying for years that low interest rates are "the new normal" and now the Bank of Canada will likely lower rates this month yet again. This episode is especially for you [...]

Why The Mortgage Rate Wars Are Great For Condo Investors

Recently we’ve seen the return of the 2.99% 5-year fixed rate mortgages and a huge surprise was when one lender announced an incredible 1.99% 3-year variable rate mortgage. Wow! So what do the mortgage rate wars mean to condo investors? It’s all good news, that’s for sure. 1. Low interest rates are great for your bottom […]

Lessons From Australia

In case you haven’t heard, the hottest real estate market in the world right now is in Australia. It’s like Calgary in 2006 down there! This recent Globe and Mail article outlines the situation with our Commonwealth cousins down under and is worth a read. Some interesting tidbits from the article if you don’t have […]

Mortgage Rates Heading Back Down?

Mortgage rates have risen sharply over the past 2 months. Getting a 5-year fixed rate in the mid to low 3s was possible just a few weeks ago, but now 5-year rates are hovering around the low 4s with most lenders. Still, rates are very close to all-time lows and money is cheap. I got […]

Mortgage Rates Going Up Tomorrow

I’ve been telling my active buyer clients this for the past couple of weeks, but for those of you who are just readers and subscribers to this blog, get your application for pre-approval in ASAP because mortgage rates are definitely going up this week. Remember that most pre-approvals last for 90-120 days so if you […]