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Episode 152: Fixed Mortgage Rate Hikes, RE/MAX Outlook, and Ontario Market Buying Opportunities
Manage episode 453407950 series 3584094
Kandungan disediakan oleh Steve Hamoen. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Steve Hamoen atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
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 for 2025. We delve into broker strategies and the role of multi-unit residential development loans. A motion to redefine affordable housing and the federal housing plan are examined. We also cover Ontario real estate market trends, including specific price reductions and buying opportunities. The episode concludes with closing remarks and a sponsor reminder from Real Approved Inc. (0:00) Introduction and sponsor message from Real Approved Inc. (0:39) Banks raising fixed mortgage rates and influencing factors (2:20) Seasonal rate fluctuations and market expectations (3:22) RE/MAX Canada’s market outlook and new rule changes for 2025 (5:13) Broker strategies and multi-unit residential development loans (6:24) Motion to redefine affordable housing and federal housing plan (8:49) Ontario real estate market trends and specific price reductions (11:52) Buying opportunities in the current Ontario market (12:12) Closing remarks and sponsor reminder from Real Approved Inc.
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