Low inventory and decreasing mortgage rates make for a busy Ottawa real estate market.
Current Mortgage News
In the Budget Plan 2019 announcement made by the Liberal government earlier this spring, an announcement was made in regard to a new first time home buyers assistance program. Though at the time, few details were made available more information has now been released regarding the proposed $1.25 billion dollar equity sharing program.
Millennial home ownership trends, tips when listing your home and the importance of a solid pre-approval- All this and more on this edition of Open House- The Real Estate and Mortgage Show.
Canadian households are spending record amounts of their disposable income to service their debt payments according to a new report released by Statistics Canada.
Listings are still stagnant, rates are decreasing, and the proposed first time home buyers incentive are among the topics on this week’s edition of Open House: The Real Estate and Mortgage Show
When buying or selling a home, working with a trusted team of professionals is highlighted in this week’s edition of Open House: The Real Estate and Mortgage Show
Bank of Canada maintains overnight rate at 1.75%, marking the 5th consecutive announcement that has left the rate unchanged.
Paul Taylor, President and CEO of Mortgage Professionals Canada, joins Frank Napolitano of Mortgage Brokers Ottawa and host Annette Goerner to discuss the recent parliamentary meetings that took place discussing the B-20 stress test rules and guidelines and recommendations for an affordable mortgage environment.
Working with a professional team, including a trusted Mortgage Broker and Real Estate Agent, will make all the difference in this tough Ottawa market.
The average mortgage amount increased to $209,570, up by more than 3% from a year ago.
600 shows and the advice is still as great as ever! Check out this edition of Open House The Real Estate and Mortgage Show for Ottawa real estate updates and great mortgage info.
Not all mortgages are created equal. Check out this week’s edition of Open House: The Real Estate and Mortgage Show for details.