The Real Estate and Mortgage Show - October 26
Steve, Frank and Paul take all of your real estate and mortgage questions. Are the interest rates on the way up? Or down? Do you need 20% down on the purchase of an investment property? These questions and more... answered on another episode of Open House.
This week, on the Real Estate and Mortgage Show, Steve, Frank and Paul talk about mortgage rates, investment properties, and take questions from listeners.
Last week, the Bank of Canada announced their latest decision to keep the overnight lending rate at 1%, the same level it has been at for a record-setting three years, causing many Canadians to once again consider variable rate mortgages. On this week's show, Ottawa Mortgage Broker Frank Napolitano weighs in on the mortgage rate debate.
The guys also take some time this week to talk about purchasing investment properties, and Frank shares some tips to help potential investors stay organized.