Season 7 · Episode 30
Mortgage 101 - Advice for Modern Buyers
Mortgage 101 with Clinton Wilkins · Clinton Wilkins Mortgage Team
August 25, 202510m 39s
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Show Notes
The guys discuss the impact of inflation and rising debt on home ownership. Clinton notes that Canadians are heavily indebted, with mortgages averaging $400,000, often supported by dual incomes of $100,000. Food prices have doubled, affecting household budgets significantly. They highlight the disparity between real estate prices, which have doubled, and stagnant incomes. Wilkins advises focusing on needs over wants to manage inflation better.
Topics
real estatemortgagehome financingfinancehome buyingcitynewsclinton wilkinstodd veinottecentum