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The Real Estate and Mortgage Show - January 24

Date Posted: January 26, 2015

On this week’s episode of The Real Estate and Mortgage Show, Steve Gregory, Barb Kramer and Paul Rushforth discuss the Bank of Canada's recent rate drop, why lenders have not followed the Bank of Canada's drop and the real estate spring market finally starting. 

Paul also talk about how the recent drop in gas prices have affected the real estate market in Western Canada. Barb gives advice that now is a great time to purchase with today's low rates, but that you should be cautious not to be "house poor", as rates will not always be this low, and the rate hikes that are expected to come in the future, may be a financial shock to some who stretched their financials to thin when purchasing.

Click here to listen to the full Podcast.