The conversation around fixed versus variable rates just shifted and the buyers who catch this early are going to be in a very different position than the ones who do not.
This week, we break down why variable rates are increasingly becoming the more cost effective option right now, what Ottawa's unique spring market dynamics mean for buyers and sellers this season, and why military relocations create a pattern in the Ottawa market that most people outside the region never think about.
00:00 Introduction to the Spring Market
01:40 Spring Market Update
02:50 Military Relocations and Their Impact
05:54 Understanding Days on Market and Pricing Strategies
09:10 Shifts in Interest Rates: Fixed vs. Variable
13:24 Renewal Conversations and Market Adjustments
21:31 Unique Market Dynamics in Ottawa
26:28 Positive Market Outlook and Personal Reflections
27:01 Mood Boosts
Get in touch with us!
Paul Stevenson - Mortgage Agent Level 2
CENTUM Financial Services LP
Email: [email protected]
Phone: 1-613-263-4543
https://www.paulstevenson.ca
David Warren - Mortgage Agent Level 2
Referral Mortgages
Email: [email protected]
Phone: 1-613-686-6003
https://www.referralmortgages.com
If you have a question or topic you'd like to hear us discuss send us an email at: [email protected] or leave us a comment below!
New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com
Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group, Easy Neon Signs and A to Z Cleaning Expert.
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