The Real Estate and Mortgage Show - February 22
On this week's Podcast, mortgage rates, finding the right terms for you, and advice for those buying and selling in the U.S.
This week on Open House - The Real Estate and Mortgage Show, Frank joins Steve and Paul by phone from sunny Florida. On this week's show, the trio discuss mortgage rates and terms, the Ottawa real estate market, and advice for sellers in Canada and the U.S.
Many lenders are still offering record-low interest rates, so whether you're looking to apply for your first mortgage, renew, or refinance a current mortgage, now is a great time. However, Frank advises listeners that while a low rate is important, there is so much more to consider when it comes to your mortgage. Make sure you know the portability, the prepayment priveleges and the potential penalties to break the mortgage.