
Mortgage Rates Update and Casa Loma Duplex Spotlight
In this episode, we begin with an introduction and a discussion on current mortgage rates, examining their implications for buyers and investors. A sponsor message from Real Approved Inc. follows. We then spotlight a detached duplex in the Casa Loma area, highlighting its features and market potential. The episode concludes with a wrap-up and final thoughts.
Key Points
- The recent volatility in Canadian bond yields suggests potential for fixed mortgage rates to decrease, despite some fluctuations.
- With the Big 6 banks forecasting potential rate cuts from the Bank of Canada, variable-rate mortgages might become more attractive to borrowers.
- A unique detached duplex near Casa Loma in Toronto, priced at $1.239 million, offers versatile living arrangements and investment potential due to its location and architectural features.
Chapters
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Transcript
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