• Episode 203: Mortgage Renewals, GTHA Townhouse Surge, and New Home Price Decline Analysis

  • Jan 25 2025
  • Length: 22 mins
  • Podcast

Episode 203: Mortgage Renewals, GTHA Townhouse Surge, and New Home Price Decline Analysis

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  • Summary

  • In this episode, we explore The Great Renewal of fixed-rate mortgages, examining competitive strategies by banks and nonbank lenders and consumer behavior in high-interest environments. We discuss Canadian housing market trends, economic impacts, and offer advice for borrowers, including a future interest rate outlook. Discover the Secondary Suite Refinance Program and FSRA's new advertising guidelines for lenders. We analyze the decline in new home prices, the surge in GTHA townhouse sales, challenges in the condo market, and highlight seasonal real estate opportunities. The episode opens and closes with sponsor messages.
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