Ontario Mortgage & Real Estate Insights Podcast
We cover the daily developments, trends, and regulatory changes affecting the industry, powered by an AI Steve Hamoen. Get insights sourced from reputable news outlets to help you stay informed and make well-informed decisions.
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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| 5:27 |
Transcript
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