A Deep Dive Into Mortgages: Rates, Real Estate Trends, Buying Tips, and 2025 Forecast | EP309
In this episode, Ariel Kormendy and Adrian Trott delve into the intricacies of the real estate and mortgage markets, with special guest Cameron Mackie, exploring historical trends, current challenges, and future predictions for 2025. Topics include the cyclical nature of the housing industry, differences between US and Canadian mortgage rates, the impact of inheritance on home buying, recent changes in mortgage switching policies, construction permit delays, and strategic advice for first-time homebuyers and investors. Whether you're looking to buy your first home, invest in property, or simply stay informed about the housing market, this episode provides valuable insights to help you navigate the landscape effectively. ************************ 0:20 – Intro 3:15 – US vs. Canada Mortgage Rates 5:04 – Impact of Inheritance on Home Buying 6:35 – Mortgage Switching Policies Explained 10:49 – Big Banks' Aggressive Rate Strategies 12:33 – Tips for Renewing Mortgages Before Year-End 15:05 – $1.5 Million Cap on Insured Mortgages 21:07 – Construction Permit Delays and Housing Supply 27:50 – Renting vs. Buying Strategies for First-Time Buyers 35:18 – B-Side Lending and Amortization Options 42:23 – Reverse Mortgages and Living Inheritance 44:46 – Final Thoughts: Homeownership vs. Renting ************************ Want more real estate podcast discussions? Watch it here: youtu.be/uLhNb8fdHt4 Listen to it here: http://www.soundcloud.com/ktrealty Catch clips and highlights of the show here: http://www.instagram.com/kormendytrott ************************ Our Social: Instagram: http://www.instagram.com/kormendytrott
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TikTok: http://www.tiktok.com/@kormendytrott?lang=en ************************ In 2011, Ariel Kormendy and Adrian Trott formed The Kormendy Trott Team, now often referred to as KT (thanks to our logo!). The foundation of KT is built on providing unmatched value and attention to detail in everything we do. From our ever-expanding, comprehensive list of exclusive services to our expertly trained team, you will receive the highest level of care throughout your entire real estate journey. Originally a team of two in Milton, Ontario, the KT Team has grown into a large team of exceptional REALTORS®, a client-care department, and now includes KT media, KT Commercial and KT Property Management to provide our clients with a complete lineup of genuine, professional, and proven services across Halton Region, Peel Region and the surrounding Regions within the Greater Toronto Area. We’d appreciate it if you’d subscribe and follow us for behind-the-scenes footage, real estate tips, industry secrets, exclusive listings, The Real Estate Podcast, and more!
