What can we expect in the 2020 mortgage market?

A wrap up of the impressive 2019 Ottawa real estate numbers, refinance hints, and paying off your mortgage sooner on this edition of Open House- The Real Estate and Mortgage Show.

With another year coming to an end, Ottawa real estate continued it’s upward trend with 761 residential sales in December- up 15.3% from December 2018.

Steve, Barb and Paul are joined by Anisa Lancione, Dealing Representative and Chief Compliance Officer with Advanced Capital Corp.

Mortgages and real estate in the Ottawa market show no signs of slowing as we head into the last few weeks of 2019.

Home prices across the country are slated to rise 3.2% in 2020 with Ottawa, Montreal, and Toronto taking the lead.

The Ottawa market continues to grow with home prices of residential properties exceeding $500,000, sales year-over-year are up over 10% as low inventory levels continue.

According to the new data released from the Ottawa Real Estate Board (OREB), the Ottawa real estate market saw another stellar month of sales in November.

Bank of Canada once again holds rates steady in announcement made Wednesday morning.

Variable Rates vs Fixed Rates

Investment properties- becoming a landlord and managing tenants Great info on this edition of Open House: The Real Estate and Mortgage Show on CFRA

Wondering what impact a low appraisal value may have on your new home purchase? Check out this edition of Open House: The Real Estate and Mortgage Show