The Truth About Mortgages

Today we interview Giovanni Barca, a mortgage specialist in the Greater Toronto Area. Gio explains how mortgage approvals happen, with a special focus on investors.

We also talk about mortgage renewals. Should you renew your mortgage loans at a fixed rate or a variable rate? Should you go for a 5 year term, a 3 year term, or even shorter than 3 years?

Where will interest rates be two years from now?

2024 is definitely a time when there are further changes taking place in the real estate market in Canada. Gio gives good insights on where we are headed.

You can reach Giovanni Barca at: giovanni.barca@bmo.com

Randy Selzer - Real Estate Agent

33 Pearl St Mississauga, ON L5M 1X1

416-433-3556

https://www.randyselzer.com

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