Season 6 · Episode 29
Mortgage 101 - Interest Rates Updates
Mortgage 101 with Clinton Wilkins · Clinton Wilkins Mortgage Team
August 12, 202410m 23s
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Show Notes
Yet another Bank of Canada interest rate update means that Clinton Wilkins and Todd Veinotte are at the Mortgage 101 table to discuss what this means for Nova Scotians. They also get into the challenges of managing mortgage debt in a rising interest rate environment, and highlight the risks of negative amortization and the importance of proactively refinancing mortgages to avoid significant payment increases.
Topics
real estatemortgagehome financingfinancehome buyingcitynewsclinton wilkinstodd veinottecentum