Every Saturday morning at 11 AM, Paul Rushforth and mortgage broker Frank Napolitano join CFRA’s Steve Gregory on Open House.
They provide expert answers to real estate and mortgage questions from people just like you.
You’ll find plenty of information on how the market is doing and why, and they also have plenty of fun along the way!
Whether you’re new to real estate or have plenty of experience already, you’ll find the latest updates you need to prepare for your next home purchase or sale.
You can play the episodes by following the link below.
Paul, Frank and Steve start the show by conversing about why a cool and nice-smelling home is crucial during summer showings (1:06), listing numbers in Ottawa (3:10), rising interest rates (5:19), and first-time homebuyers’ reactions to the market (9:01). After the break, Mike from Mortgage Brokers Ottawa calls in to talk about investing in Advanced Mortgage Investment Corp (11:18). Then, the guys discuss how gas prices are affecting buying location (21:00), tips for buying condos (23:25), and the importance of hiring the right real estate agent (29:22). To end the show, the gang talks about early renewals (31:36) and panic selling your home (34:32).
Paul, Frank and Steve begin the show by discussing how high prices and interest rates are affecting home sales (0:51), current real estate strategy (5:29), and a listener calls in to ask about interest rate confusion amongst Canadians (6:58). After the break, another caller phones in to ask about the home supply shortage (10:48). Then, the guys converse about preparing a home before selling it (18:54), another listener calls in to ask about buying a house with a line of credit vs. a loan (22:50), the gang talk about Canada’s rules on home lines of credit (25:00) and our last caller phones in to ask switching to digital banking (29:58). To end the show, the guys discuss booming rental prices (32:57) and over 5% for a 5-year fixed mortgage (35:40).
Paul, Frank and Steve start the show by conversing about the crazy changes in the economy and mortgages (1:58), how interest rates are affecting real estate (3:50), and interest rate and real estate predictions (9:04). After the break, a listener phones in to ask about a parent helping their child buy a home (12:24), and the guys discuss lending money and fraud (15:02). Then, the gang talks about listing numbers in Ottawa (21:39), unrealistic seller expectations (26:41) and realtor commissions (31:07). To end the show, the guys converse about the difficulties of pre-approvals (33:12), how the lack of supply and tradesmen is impacting new builds (34:51), and why the Government needs to relook their mortgage rules (35:55).
Frank and Steve are joined by Dora from Paul Rushforth Real Estate and they begin the show by talking about the decline in the Ottawa real estate market (0:36), how interest rates and cost of living are stopping first-time homebuyers (4:40), and the qualifying rate from 2 and a half years ago (10:23). After the break, the gang discusses how high inventory is benefiting buyers (12:00), first-time homebuyers regarding mortgages (16:12), buy first vs. sell first (18:08), and why we’re headed towards a balanced market (20:03). Then, a listener phones in to ask if you should renew your mortgage or wait (21:48), and the gang converse about the future of the rental market (30:33). To end the show, the gang talks about conditional offers (32:02), a listener calls in to ask about the TD Flexline refinancing (32:52), Paul phones in to wish Dora a Happy 7-Year Anniversary at Paul Rushforth Real Estate (35:59), and the gang discuss how home prices and interest rates are affecting people’s real estate decisions (37:30).
Paul, Frank and Steve start the show by talking about the storm in Ottawa (0:31), what to do when shingles fall off your roof (4:27), and how qualifying conditions are driving people to choose private lenders (6:47). After the break, a listener phones in to ask about being cash flow positive with today’s Ottawa rentals (12:44) and renting while owning other rental properties (17:34). Then, another listener calls in to ask about buying commercial properties (20:53), and the guys converse about mortgage rates, inflation and bridge financing (26:16), as well as listings in Ottawa (20:14). To end the show, the gang discusses the problem with the 3-day cooling-off period (32:44).