Open House - The Real Estate & Mortgage Show

Highlights From Recent Episodes

Check out our Youtube channel for videos of previous episodes. If you’d like to listen to any episodes, visit the podcasts page.

November 21, 2020: Listing Dry Market Continues

Frank and Steve are joined by Dora from the Paul Rushforth Real Estate team and they begin the show by discussing decorating your home during the holidays (1:46), today’s mortgage rates (3:36), today’s real estate listings and inventory in Ottawa (6:05), and today’s qualifying rate (9:23). After the break, the gang talks about the principal rate in a 5-year mortgage (11:58), and a listener sends a few questions in for Frank to answer (13:20). Then, the gang converse about navigating the real estate market as a first time home buyer (19:51) and what not to do once you’re pre-approved (25:04). To end the show, a listener phones-in to ask about trying to get a mortgage as someone who’s self-employed (30:07) and the average sales of residential homes in Ottawa (34:06).

November 7, 2020: Tips On Condos In Today’s Real Estate Market

Paul, Frank and Steve start the show by talking about October’s real estate numbers (1:36), condos vs. home’s in the outskirts of Ottawa (5:47), red flags when buying a condo (8:15), and what $600-700 will get you in terms of mortgages (9:37). After the break, the gang discuss the posted rate and penalties (10:54) and the qualifying rate (17:54). Then, the guys converse about the US election and COVID-19 around the world (19:56), lessons in why you need a solid real estate agent (22:27), and a listener phones-in to ask about how to quicken up conditions when selling a condo (29:33). To end the show, the gang talks about how weather affects buying a home (35:59).

October 31, 2020: Everything Investment Properties

Paul, Frank and Steve start the show by discussing October’s potential real estate numbers (1:23), wells and septic tanks with country properties (2:23), mortgages for country properties (4:25), and how to deal with appraisal issues (5:25). Then, Mike from Mortgage Brokers Ottawa calls-in to talk about Florida real estate (11:54) and investing in advanced mortgage investment corps (15:00). After the break, the gang converse about taking out equity in a relationship regarding investment properties (21:03) and a listener calls-in to ask about rent control regarding investment properties (28:45). To end the show, the guys discuss the latest news from the Bank of Canada (35:18) and how time changes affect selling your home (38:08).

October 17, 2020: Happy Birthday, Steve!

Paul and Frank start the show wishing Steve a happy birthday (0:36). They then discuss businesses being affected by COVID-19 restrictions and the economic crises (5:40), the predictions of the numbers for the end of October (6:00), people buying investment properties (8:52), and commercial properties being turned into multi-rental units (12:32). After the break, a caller phones-in asking about appraising investment properties (16:30). Then, the gang send a shout out to Bayview doors (18:05) and discuss equity in properties when refinancing your mortgage (20:12). The guys then talk to another caller asking about rates for a 5 year fixed on an early re-newel (29:49), another caller phones-in to ask about the impact of moving from a single-family home into a duplex properly (36:41), and another caller asks about bank rates (38:27). The gang ends the show, talking about buying local and wishing other people Happy Birthday (39:36).

October 10, 2020: Booming Average Sales Price & Importance Of Credit Scores

Paul, Frank and Steve start the show by conversing about the return to Stage 2 COVID-19 announcements (0:33), September real estate numbers in Ottawa (2:39), average equity from 3-years ago vs. now (7:45), and is it the best time to downsize (10:31). After the break, the guys discuss the stress test and how it affects first time home buyers (12:17), the CMHC Canada real estate predictions (14:53), and what real estate in Ottawa will be like to end the year (16:37). Then, the gang talks about what the stress test applies to and ways to qualify (20:32) as well as the importance of credit scores (24:08). To end the show, the guys converse about the average sales price in Ottawa (32:07) and looking for homes out of town (33:49).