The Flow: Real Estate and Money Show Flow Mortgage Co

In this special preview episode, Alex McFadyen discusses the upcoming Bank of Canada's (BOC) rate announcement on June 5, 2024, and its potential impact on the Canadian real estate market, especially for those with variable rate mortgages. With economists previously predicting more rate cuts earlier in the year, there's now a higher probability of an imminent but gradual rate drop. We explore why this is the case and delve into other significant news affecting the mortgage market, including recent comments from Justin Trudeau about the critical role of housing in Canadians' retirement plans. Tune in for an in-depth analysis of these issues and their implications for real estate owners, buyers, investors, and sellers.

*****If the Bank of Canada’s decisions have you concerned, worried, or just want to see what other options are out there. Do not hesitate to get in touch with us at Flow Mortgage Co. through the website link below, our services generally come at no cost to you so it never hurts to have a discussion.

Alex McFadyen is a seasoned independent mortgage broker with over 11 years of experience in the industry. Alex is the owner and Mortgage Advisor of Flow Mortgage Co.Alex’s Social Media: @themortgagepug

Ready to take the plunge into homeownership? Don’t miss our comprehensive First-Time Home Buyers Course available at the link below. This essential resource is designed to guide you through the maze of purchasing your first home with confidence and ease. Free for a limited time to listeners of the show!

https://alex-s-school-7883.thinkific.com/courses/first-time-home-buyer-course

For daily insights, make sure to find us on Instagram, Facebook, and YouTube: @flowmortgageco

Don't just dream about your future home, make it a reality! Subscribe to "The Flow: Real Estate & Money Show" for more invaluable insights, and visit our website at getflowmortgage.ca to discover how we can help make your property aspirations come true.

In this podcast episode, Alex McFadyen, from Flow Mortgage Co., delves into the imminent crisis in the real estate market, popularly termed as the 'renewal crisis' or 'renewal wall.' He discusses the recent OSFI report and its implications for borrowers, investors, and the housing market. The conversation covers the different types of mortgages, potential impacts of higher renewal payments, and strategies for managing loans during this critical period. Alex provides insights on refinancing, extending amortization schedules, and the impact of variable mortgage rates. He also addresses common misconceptions and offers actionable advice for those approaching mortgage renewals. The episode aims to equip listeners with the knowledge and tools to navigate the challenges posed by the impending renewal surge.

*****

If you’re coming up for mortgage renewal and you’re concerned, worried, or just want to see what other options are out there. Do not hesitate to get in touch with us at Flow Mortgage Co. through the website link below, our services generally come at no cost to you so it never hurts to have a discussion.

Alex McFadyen is a seasoned independent mortgage broker with over 11 years of experience in the industry. Alex is the owner and Mortgage Advisor of Flow Mortgage Co.

Alex’s Social Media: @themortgagepug

Ready to take the plunge into homeownership? Don’t miss our comprehensive First-Time Home Buyers Course available at the link below. This essential resource is designed to guide you through the maze of purchasing your first home with confidence and ease. Free for a limited time to listeners of the show!

https://alex-s-school-7883.thinkific.com/courses/first-time-home-buyer-course

For daily insights, make sure to find us on Instagram, Facebook, and YouTube: @flowmortgageco

Don't just dream about your future home, make it a reality! Subscribe to "The Flow: Real Estate & Money Show" for more invaluable insights, and visit our website at getflowmortgage.ca to discover how we can help make your property aspirations come true.

Today’s episode of the Flow, Alex takes us on a deep analysis of the current Canadian real estate market, focusing specifically on CMHC's Mortgage Consumer Trends report for 2024. It discusses how the market environment, including government rule changes and tax guidelines, is influencing potential homebuyers and investors, and shares valuable statistics that could surprise many, from realtors to general consumers. Highlighting a shift in sentiment among homebuyers towards pessimism about their purchasing potential, the discussion delves into common sentiments of inaccessibility within the housing market, while effectively debunking myths and emphasizing the importance of mindset, planning, and strategy in overcoming these challenges. The script also offers commentary on a variety of relevant topics, such as the advantages of longer amortization periods, the rising trend of online mortgage shopping, the significance of gifts for down payments, and current fears of interest rate increases. Additionally, it addresses how misinformation and a lack of clear financial strategies are costly for many in the market, providing listeners with a clearer understanding of how to navigate these complex issues. The episode aims to educate and inform listeners, encouraging better financial decisions in real estate investments.

Alex McFadyen is a seasoned independent mortgage broker with over 11 years of experience in the industry. Alex is the owner and Mortgage Advisor of Flow Mortgage Co.

Alex’s Social Media: @themortgagepug

Ready to take the plunge into homeownership? Don’t miss our comprehensive First-Time Home Buyers Course available at the link below. This essential resource is designed to guide you through the maze of purchasing your first home with confidence and ease. Free for a limited time to listeners of the show!

https://alex-s-school-7883.thinkific.com/courses/first-time-home-buyer-course

For daily insights, make sure to find us on Instagram, Facebook, and YouTube: @flowmortgageco

Don't just dream about your future home, make it a reality! Subscribe to "The Flow: Real Estate & Money Show" for more invaluable insights, and visit our website at getflowmortgage.ca to discover how we can help make your property aspirations come true.

Does the government want to kill housing rentals? With so many powers given to Canadian tenants in recent years, the sustainability to be a landlord has been called into question. In this compelling episode, Alex McFadyen dives deep into the tumultuous landscape of Canadian real estate investing, painting a vivid picture of the challenges and shifts faced by investors in recent years. The discussion zeroes in on the array of government policies introduced to cool down the market and address housing affordability, including provincial speculation taxes, federal flipping regulations, and stringent rent control measures. Amidst an atmosphere of growing negativity towards investors, fueled by both political rhetoric and public sentiment, we explore the implications of these changes for current and prospective investors. Drawing on firsthand insights and a critical analysis of the market response, this episode not only unpacks the hurdles but also highlights potential opportunities lurking in the shadows for savvy investors. For anyone wondering whether Canadian real estate still offers a viable investment avenue, this episode promises to shed light on the complexities of investing in a rapidly evolving landscape.

Alex McFadyen is a seasoned independent mortgage broker with over 11 years of experience in the industry. Alex is the owner and Mortgage Advisor of Flow Mortgage Co.

Alex’s Social Media: @themortgagepug

Ready to take the plunge into homeownership? Don’t miss our comprehensive First-Time Home Buyers Course available at the link below. This essential resource is designed to guide you through the maze of purchasing your first home with confidence and ease. Free for a limited time to listeners of the show!

https://alex-s-school-7883.thinkific.com/courses/first-time-home-buyer-course

For daily insights, make sure to find us on Instagram, Facebook, and YouTube: @flowmortgageco

Don't just dream about your future home, make it a reality! Subscribe to "The Flow: Real Estate & Money Show" for more invaluable insights, and visit our website at getflowmortgage.ca to discover how we can help make your property aspirations come true.

In this podcast episode, Alex welcomes guest Austin Carroll to discuss his journey from a professional hockey career to his success in private equity real estate. Austin shares how he transitioned from playing hockey, including being drafted by the Calgary Flames and playing overseas, to investing in real estate while still an active athlete. The discussion delves into the intricacies of private equity real estate, debunking myths and explaining how it offers opportunities for investors of various income levels to participate in large-scale projects. Austin and the host explore the current real estate market, noting challenges like supply issues and the impact of governmental policies on development. Additionally, they touch on personal investment strategies, emphasizing the importance of diversification and understanding one's risk tolerance. The episode concludes with insights into future market predictions and the potential for growth across Canada and the U.S., underlining the educational efforts of Austin's firm to make private equity more accessible to average investors.

Austin is a Dealing Representative with Integrated Equities.

Make sure to check out Integrated Equities at their website: integratedequities.comYou can also find them on YouTube: @IntegratedEquitiesYou can find Austin on Instagram: @austincarroll

Ready to take the plunge into homeownership? Don’t miss our comprehensive First-Time Home Buyers Course available at the link below. This essential resource is designed to guide you through the maze of purchasing your first home with confidence and ease. Free for a limited time to listeners of the show!

https://alex-s-school-7883.thinkific.com/courses/first-time-home-buyer-course

For daily insights, make sure to find us on Instagram, Facebook, and YouTube: @flowmortgageco

Don't just dream about your future home, make it a reality! Subscribe to "The Flow: Real Estate & Money Show" for more invaluable insights, and visit our website at getflowmortgage.ca to discover how we can help make your property aspirations come true.

This episode of The Flow is a conversation Alex had with James “Jamie” Garbutt, a licensed realtor and co-owner of Steel & Oak Brewing Co. Alex and Jamie talk about the current state of the real estate market in British Columbia, focusing on investment opportunities, changes in zoning laws, and the impact of recent governmental tax changes on real estate investors. Jamie shares his journey from investing in one-bedroom condos to exploring presale options and the strategy of buying single-family homes with potential for increased density under new zoning laws. The discussion covers the attractiveness of presale condos due to predicted lower interest rates in the future, the impact of new capital gains tax changes, and the potential for multi-unit zoning as an unprecedented opportunity for investors. Additionally, Jamie emphasizes the importance of investing in locations one is willing to visit and considers how interprovincial migration and lifestyle preferences influence real estate decisions. The episode encapsulates the complexities of investing in today’s volatile market while highlighting opportunities amidst challenges.

James is a co-owner of the "Garbutt & Dumas Real Estate Team" in Metro Vancouver. Aside from being a top tier Realtor, James is a co-founder of Steel & Oak Brewing Company in New Westminster, B.C. AND co-host of the “Selling Vancouver Podcast” which you can find on your podcast platform of choice.

James’ Instagram: @jamesgarbutt

The Garbutt & Dumas Real Estate Team Instagram: @gdrealestateteam

Garbutt & Dumas Website: www.garbuttdumas.ca

Steel & Oak’s Instagram: @steelandoakSteel & Oak’s Website: steelandoak.ca

Ready to take the plunge into homeownership? Don’t miss our comprehensive First-Time Home Buyers Course available at the link below. This essential resource is designed to guide you through the maze of purchasing your first home with confidence and ease. Free for a limited time to listeners of the show!

https://alex-s-school-7883.thinkific.com/courses/first-time-home-buyer-course

For daily insights, make sure to find us on Instagram, Facebook, and YouTube: @flowmortgageco

Don't just dream about your future home, make it a reality! Subscribe to "The Flow: Real Estate & Money Show" for more invaluable insights, and visit our website at getflowmortgage.ca to discover how we can help make your property aspirations come true.