In this week’s episode we explore how the newly approved federal budget affects mortgage rate policy and why political stability plays such a crucial role in rate movements. We also look at the changes introduced by Bill 60 and how its updated landlord tenant rules may accelerate eviction timelines and influence rental supply. We also review the latest data on mortgage arrears and discuss what rising delinquency signals about household stress across the country. We compare fixed and variable mortgage rates and talk through what borrowers should consider as rate trends evolve. This episode brings together the key market forces Canadians need to understand as the housing landscape continues to change.
00:00 Intro
01:04 The Federal Budget Was Approved
02:45 Political Stability and Its Impact on Mortgage Rates
04:38 Understanding Bill 60 and Its Implications for Landlords
11:49 The Balance Between Landlord and Tenant Rights
18:05 Current Trends in Mortgage Arrears and Market Dynamics
27:23 Listener Questions: Should We Lock In a Rate Now or Wait?
29:29 Mood Boosts
Get in touch with us!
Paul Stevenson - Mortgage Agent Level 2
CENTUM Financial Services LP
Email: paul@paulstevenson.ca
Phone: 1-613-263-4543
https://www.paulstevenson.ca
David Warren - Mortgage Agent Level 2
Referral Mortgages
Email: david@referralmortgages.com
Phone: 1-613-686-6003
https://www.referralmortgages.com
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If you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com or leave us a comment below!
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Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group and Easy Neon Signs.
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