The Real Estate and Mortgage Show - March 14
Steve Gregory, Paul Rushforth and Frank Napolitano joined by Barb Kramer, Mortgage Agent at Mortgage Brokers Ottawa on the latest Real Estate and Mortgage Show.
On this week’s episode of The Real Estate and Mortgage Show, Steve Gregory, Frank Napolitano and Paul Rushforth discuss the latest mortgage rates available and whether Canada will follow the U.S.'s potential talks to increase rates, Paul mentions that homes total days listed are now tracked differently, cumulative rather than a reset strategy which some realtors used to use.
Barb also mentions that if you've already paid a default mortgage insurance fee on your current mortgage, and wish to port over your mortgage to a new home purchase, you only need to pay a brand new default insurance on the increased mortgage amount.