CTV News - Mortgage Minute
Frank Napolitano and Kurt Stoodley discuss mortgage rates, and some common misconceptions about mortgages.
Click here for the full video from CTV Ottawa Morning Live.
After much speculation surrounding the effects of the new mortgage regulations, we learn that the outcome is not necessarily all negative. The busy season for the mortgage market remains busy with purchases, renewals and refinances.
Ottawa Mortgage Broker Frank Napolitano is optimistic, stating that mortgage rates are remaining at all time lows, and hinting that further decreases may be on the horizon.
Frank reminds clients that a mortgage is your single largest debt, so why not take advantage of the opportunity for the lowest possible rate? It is a common misconception that holding a mortgage at a certain financial institution requires you to bank there as well, and this is not the case. For more information, contact an Ottawa Mortgage Broker.