Market Update May: The Current State of Mortgages

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What is currently going on in the home financing world? In this episode, Denny is joined by top mortgage broker Alex McFadyen to learn about the current state of mortgages.

Denny and Alex talk about the impact of the current interest rates on borrowing and home prices.

This episode will focus on the current state of home financing, a recap of the last 12 months and future predictions, lack of supply, home prices slowly climbing, the effects of the rapid interest rate hikes, banks in wait-and-see mode, and the importance of staying ahead of changes by talking to your mortgage broker.

Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel – https://www.youtube.com/channel/UCHK2L-KswYO93195yndFAmA

Email us at garbuttdumaspodcast@gmail.com

Alex McFadyen  Instagram: https://www.instagram.com/themortgagepug Website: https://www.getflowmortgage.ca/

James Garbutt Instagram: https://www.instagram.com/jamesgarbutt Facebook: https://www.facebook.com/jamesgarbutt Website: https://jamesgarbutt.com

Denny Dumas Instagram: https://www.instagram.com/denny.dumas Facebook: https://www.facebook.com/denny.dumas.5 Website: https://www.dennydumas.com

Monica Harmse Instagram: https://www.instagram.com/monica_harmse Facebook: https://www.facebook.com/MoodyProperties.ca Website: https://moodyproperties.ca

Garbutt + Dumas Real Estate Instagram: https://www.instagram.com/garbuttdumas Facebook: https://www.facebook.com/GarbuttDumas Website: http://www.garbuttdumas.ca