Is it Really Cheaper to Buy a Property Right Now‪?‬ The Allied Health Financial Podcast

Prices have come down in most major Canadian markets, but interest rates are (still) on the rise. Is this the right time to get into the real-estate market?
Declining house prices versus rising interest rates (2:09)
Factor Number 1: Decline home prices (2:24)
Factor Number 2: Rising Interest rates (3:49)
Is it less expensive to purchase a home today? No! (4:42)
What if you put down the same down payment? Yes! (6:00)
What if I’m purchasing a less expensive home? No! But it’s closer (8:49)
What if I have a smaller down payment? No! And the effect is larger (10:23)
How do today’s interest rates compare to historically? (11:14)
Key take away points (12:52)
What would we prefer (14:45)
- Learn more about the Lite Membership
- Upgrade to the Plus Membership
- 118. Will You Get Burned With a Variable Rate Mortgage?
- 93. The True Cost of Selling Your Home