Today we interview Giovanni Barca, a mortgage specialist in the Greater Toronto Area. Gio explains how mortgage approvals happen, with a special focus on investors.
We also talk about mortgage renewals. Should you renew your mortgage loans at a fixed rate or a variable rate? Should you go for a 5 year term, a 3 year term, or even shorter than 3 years?
Where will interest rates be two years from now?
2024 is definitely a time when there are further changes taking place in the real estate market in Canada. Gio gives good insights on where we are headed.
You can reach Giovanni Barca at: giovanni.barca@bmo.com
Randy Selzer - Real Estate Agent
33 Pearl St Mississauga, ON L5M 1X1
416-433-3556
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