In this episode, we open with an introduction and a sponsor message from Real Approved Inc. The discussion begins with the upcoming mortgage renewal wave and how potential Bank of Canada rate cuts could influence it. We delve into lender competition and its effects on monthly payments for borrowers. The episode also covers changes in uninsured mort…

Learn the secrets to getting your first real estate investment deal done in Ontario. This class is Module 17 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include: A 90-day plan to buy your first rental property. Why there is nothing difficult to do in the real estate investing business and why it is really a…

In this episode, we begin with an introduction and a sponsor mention before diving into the trends and factors influencing home renovation costs in Canada. We examine regional renovation cost trends, focusing on Montreal and Ottawa. The discussion then turns to home equity financing options available for homeowners planning renovations. We explore …

In this episode, we begin with an introduction and sponsor message before examining how Canada's job market impacts interest rates. We then discuss the influence of U.S. employment growth on Canadian mortgage rates and the Bank of Canada's reconsideration of a rate cut. A detailed analysis of Canada's condominium market follows, along with price pr…

In this episode, we start with a sponsor message from Real Approved Inc. and discuss the Fairstone Bank of Canada and Home Trust Company merger. We explore the Trust in Real Estate Services Act (TRESA) Phase Two reforms, mortgage rates, and strategies for securing the best deals. We also look at trends in the Greater Toronto Area's luxury housing m…

In this episode, we delve into mortgage renewals, examining current interest rate trends and strategies for homeowners navigating this landscape. The focus shifts to Toronto's real estate market, with insights on condos and single-family homes. We then explore the Ottawa-Gatineau housing market and how economic diversification is influencing it. No…

In this episode, we begin by introducing new mortgage rules and their potential impact on the market. The discussion moves to the upcoming competition in mortgage lending and strategies that major banks are employing for mortgage renewals. A forecast of the real estate market in the Greater Toronto Area is provided, along with an examination of cur…

In this episode, we start with an introduction and sponsor message before diving into recent developments in the Ontario real estate market and the impact of interest rates. We explore the decline in home prices, examining its implications and the factors influencing the market. The challenges associated with pre-construction purchases and insights…

In this episode, we start with an introduction and examine the rising trend of mortgage delinquencies. We discuss the impact of state intervention on mortgage arrears and delve into the specific challenges faced by Toronto's housing market and its delinquency rates. The episode also highlights the effects of business growth and immigration on the r…

In this episode, we begin with an introduction and a sponsor message from Real Approved Inc. We explore the Vancouver housing market trends, highlighting recent sales increases and the influx of new listings. The discussion extends to British Columbia's property assessments and the dynamics influencing the market. Expert insights from Andrew Lis pr…

In this episode, we begin with an introduction and a sponsor mention. We delve into expert predictions for the Greater Toronto Area housing market in 2025, examining potential interest rate changes and their impact. The discussion moves to modifying mortgage regulations and the factors shaping the market. We address mortgage renewals, the rise in d…

Learn the secrets of return on investment for rental properties in Ontario. This class is Module 16 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include: What are the 4 primary areas of return on rental properties? And, what is the secondary return? What time period do we typically look at for returns on ren…

In this episode, we explore the mortgage delinquency rate in the Greater Toronto Area, covering current stats, regional challenges, and market correction opinions. We discuss factors influencing future mortgage rates, inflation expectations, and the global economy's impact. Key topics include loan-to-income ratios, upcoming 2025 regulations, the sp…

In this episode, we start with an introduction and an overview of the 2024 mortgage market. The discussion moves to the effects of inflation, regulatory changes, and the anticipated rebound in the housing market. We explore corporate activity and policy shifts impacting real estate, followed by an analysis of big banks' performances and a review of…

In this episode, we start with a welcome and a sponsor introduction. The conversation shifts to Ontario mayors discussing development charges and infrastructure funding, followed by insights from developers and RESCON on regulatory challenges. We provide an update on the OSFI mortgage stress test and industry reactions. We then forecast a potential…

In this episode, we begin with an introduction and a comprehensive market overview. The discussion then moves to an analysis of housing demand across various Canadian cities, highlighting regional differences and trends. We examine critical Canadian economic indicators, focusing on household debt levels and GDP growth, and their implications for th…

In this episode, we begin with an introduction and a sponsor message from Real Approved Inc. The discussion focuses on Canada's mortgage rates and the anticipated interest rate cuts by the Bank of Canada in 2024. We then examine new mortgage regulations, including the increase in the insured mortgage cap and the extension of amortization periods. T…

In this episode, we kick off with an introduction and a sponsor message from Real Approved Inc. The discussion centers around the pressing issue of accessible housing in Canada, exploring the challenges and potential solutions to meet this urgent need. We then feature the House of the Week, spotlighting a stunning custom-built home in Malahide, Ont…

Learn the secrets of house hacking in Ontario. This class is Module 15 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include: What are the different variations of the house hacking real estate investing strategy and what are some of the pros and cons of each. What are the most common ways to finance house hac…

In this episode, we start with an introduction to the Ontario Mortgage & Real Estate Insights Podcast. We then delve into the growth of Coldwell Banker Momentum Realty, examining the strategic benefits of their expansion. The discussion shifts to a broader industry trend of real estate consolidation, analyzing its implications for the market. The e…

In this episode, we start with an introduction and sponsor mention before diving into the topics of digital identity verification and the benefits of Open Banking. We explore Equifax's Apply+ technology and its potential impacts on the industry. The discussion then shifts to recent awards and updates regarding the Equifax data breach settlement, hi…

In this episode, we begin with a welcome and sponsor introduction before delving into the mortgage outlook and the Bank of Canada's interest rate predictions for 2025. We then explore lender competitiveness in the current market climate, highlighting a sense of cautious optimism. The discussion shifts to strategic financial decisions homeowners sho…

In this episode, we begin by discussing the prime rate and its impact on mortgages, providing a foundation for understanding the economic implications of the Bank of Canada's policy rate. We compare variable, adjustable, and fixed mortgage rates, offering insights into managing mortgage rate fluctuations and strategic planning. The episode explores…

In this episode, we begin with an introduction and sponsor message before exploring affordable neighborhoods in the Greater Toronto Area, offering insights into potential opportunities for buyers. We then discuss Canadian mortgage relief measures amidst current economic challenges, providing context for homeowners. The episode also covers monetary …

In this episode, we start with an introduction and sponsor shoutout before delving into the RBC Economics report on home affordability, which includes a forecast extending through 2025. This provides valuable insights into the affordability challenges and expectations for the coming years. We then discuss the National Bank's acquisition of Canadian…

In this episode, we start with a welcome and sponsor message before diving into a survey examining Canadian mortgage holder anxiety, placing it within the broader context of mortgage renewals. We discuss consumer sentiment and the various types of mortgages available in Canada. The episode highlights a home affordability report by Royal Bank of Can…

Learn the secrets of financing investment properties in Ontario. This class is Module 14 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include: What are the 14 financing options for buying rental properties? What is PMI and why would you ever pay for insurance to protect the lender? How paying the lender can …

In this episode, we begin with an introduction and sponsor message before discussing BMO's updates on the OSFI stress test for uninsured mortgage switches. We then delve into Canadian homebuyer sentiment and current market trends, highlighting key factors influencing the housing landscape. The episode explores the First Home Savings Account (FHSA) …

In this episode, we begin with an introduction and sponsor mention, then explore the Federal Reserve's impact on Canadian mortgage rates and inflation. We discuss the Bank of Canada's rate decisions in the face of economic challenges and examine how stock market and bond yield fluctuations affect mortgage rates. The episode covers Canadian housing …

In this episode, we kick off with an introduction and sponsor message before delving into the latest Canadian inflation data and the Bank of Canada's interpretation. We examine current housing market trends and the impending mortgage renewal wave in Canada. The discussion shifts to the impact of the Bank of Canada's rate cuts on mortgages, followed…

In this episode, we start with an introduction and sponsor message before delving into new Canadian mortgage rules, including a price cap increase and expanded 30-year mortgage amortizations under the Mortgage Charter. We discuss updates to the mortgage stress test and potential interest rate cuts. The episode also covers national home sales and pr…

In this episode, we dive into recent changes in Canada's mortgage and down payment rules, analyze home price inflation, and discuss benefits for urban buyers. We cover trends in Canadian mortgage rates, economic forecasts, and real estate dynamics in Greater Vancouver. The discussion includes economic indicators like unemployment rates and CAD-USD …

In this episode, we begin with an introduction and a sponsor message. We then explore the federal government's recent changes to mortgage rules and their impacts. Industry viewpoints and broader implications of these changes are discussed, followed by an examination of mortgage requirements, calculations, and upcoming rules. The conversation shifts…

In this episode, we start with a welcome and a sponsor introduction. The discussion centers around the surge in Canadian mortgage rates and the effects of rising bond yields. We examine new mortgage policies and government measures aimed at addressing these changes. Housing market trends and regional insights specific to Ontario are explored, follo…

Learn the secrets of down payments for real estate investing in Ontario. This class is Module 13 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include: Why focusing on down payments is short-sighted and what you should be focused on instead. The two primary ways to address down payments; it is not just about …

In this episode, we begin with an introduction and a sponsor message from Real Approved Inc. We delve into the issue of housing unaffordability and discuss the national housing strategy. The conversation addresses the effects of rising interest rates on homeownership and compares fixed versus variable mortgage rates. We explore trends among first-t…

In this episode, we begin with an introduction and a sponsor message from Real Approved Inc. We discuss the Bank of Canada's recent interest rate cut and the new mortgage rules that have been introduced. The conversation then moves to changes in mortgage insurance and amortization policies, as well as modifications to the mortgage stress test and t…

In this episode, we begin with an introduction and a sponsor message from Real Approved Inc. We discuss the Bank of Canada's recent interest rate cuts and their overall impact on the economy. The focus then shifts to the risks of an overheating real estate market and the incentives for secondary suites. We explore various mortgage refinancing optio…

In this episode, we begin with an introduction and sponsor mention. The focus shifts to housing affordability, highlighting CMHC's analysis and the decline in urban centers. We discuss the federal response to the housing shortage and its impact on renters. An opinion piece examines real estate boards and the evolving value proposition they offer. W…

In this episode, we begin with an introduction and a sponsor message from Real Approved Inc. We delve into CMHC trends, focusing on how low interest rates are affecting mortgage renewals. The discussion moves to proactive planning strategies for anticipated mortgage renewal cost increases. We examine BMO's increase in loan loss provisions and its c…

In this episode, we start with an introduction and a sponsor message. We examine the Canadian bond market and unemployment trends, discussing the Bank of Canada's anticipated rate cuts and varying opinions on their implications. The conversation shifts to regional job market dynamics and sector-specific employment analysis, while also exploring inv…

Learn the secrets of selecting an investor-friendly real estate agent in Ontario. This class is Module 12 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include: What is the NAR settlement and how will it likely impact buyers and sellers? What’s the difference between real estate agents, brokers, and REALTORS®…

In this episode, we explore potential Bank of Canada rate cuts and their impact on the housing market. We discuss homebuyers' cautiousness, CMHC's mortgage cost report, and challenges for homeowners with fixed-rate renewals. We also review TD Bank's mortgage growth strategy and analyze the Collingwood real estate market, focusing on supply, demand,…

In this episode, we explore Toronto's home sales surge, GTA price trends, and the impact of interest rates on housing optimism. We discuss new listings, market conditions, and condo trends, along with mortgage renewals and sales stats. Our analysis includes national sales, the Bank of Canada's influence, and GTA market activity. We cover fixed mort…

In this episode, we begin with an introduction and a sponsor message by Real Approved Inc. We then explore Greater Toronto Area home sales and market trends following a recent rate cut. The discussion turns to the Bank of Canada's upcoming key lending rate announcement, with expert predictions on its potential impact. We examine how mortgage renewa…

In this episode, we start with an introduction and a sponsor message from Real Approved Inc. We then discuss the recent trend of banks raising fixed mortgage rates and the factors influencing these changes. Seasonal rate fluctuations and market expectations are explored, followed by RE/MAX Canada's market outlook and new rule changes anticipated fo…

Have a real estate question? Click here to text me! - Phil On this episode of The London Ontario Real Estate Podcast host and local real estate agent Phil Bailey chats with Spencer Murray, a Mortgage Broker in London, about new mortgage rules coming into play on December 15, interest rates, and those Trump Tariffs! How will this impact the market i…

In this episode, we begin with an introduction and a sponsorship message from Real Approved Inc. We then discuss the earnings of Canadian banks, their challenges, and the broader economic outlook. A positive outlook is provided for Scotiabank and National Bank, highlighting the competitive mortgage landscape. The episode covers the Bank of Canada's…

In this episode, we kick off with an introduction and a sponsor message from Real Approved Inc. We then provide a positive outlook for Canada's big banks, delving into stock performance insights. The discussion continues with an analysis of bank growth potential, earnings multiples, and the resulting investor optimism. We explore mortgage defaults,…

In this episode, we begin with a welcome and introduction to current mortgage trends and policy changes. We examine recent changes to the mortgage stress test and the industry's reactions. The complexities of mortgage regulations are discussed alongside Q4 banking sector earnings. TD Bank provides an analysis of the looming mortgage renewal cliff. …