What Every First Time Home Buyer In Canada Needs To Know | The Mortgage Den

In the third episode of The Mortgage Den by Nick Da Silva, we will guide you through what every first-time homebuyer in Canada should know, including new mortgage rules, and explain how they impact homebuyers across the country, potential tariffs from Donald Trump and his administration, and much more. In the company of mortgage expert Natalie Araujo, we will discuss the new mortgage landscape, new builds, and the basics of mortgages. Don't let these valuable insights pass you by in making the right decisions in today's market with Northwood Mortgage Ltd. Catch The Mortgage Den for all Canadian mortgage news and real estate updates!

Chapters:

(0:00) Intro

(0:49) Impact of New Mortgage Rules on First Time Home Buyers in Canada

(2:24) New Property Investment Rules in Canada

(3:10) Are New Rules Beneficial for First-Time Home Buyers?

(4:12) Mortgage Broker Advice on Buying Your First Home in Canada

(4:46) How Donald Trump's Tariffs Will Impact Mortgage Rates in Canada

(6:56) What Should Every First-Time Home Buyer Prepare Before Buying a Property?

(7:40) How to Get a Mortgage When You're Self-Employed

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How to Manage HOLIDAY DEBT with REFINANCING | The Mortgage Den

In the second episode of The Mortgage Den by Nick Da Silva, we break down the impact of holiday spending on your finances and how it can lead to credit card debt and high-interest obligations. We’ll explain how refinancing can help consolidate your debt, lower payments, and reduce interest rates, with mortgage broker Nirvina Shamshudin. We will also discuss when refinancing is a good choice and when it isn't, such as if you know you'll be selling soon. We will walk you through the refinancing process and help you link it to your long-term financial goals. Don't miss these expert tips for managing your holiday debt and making smarter financial decisions in 2025!

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In this, the first episode of The Mortgage Den by Nick Da Silva, we dive into the new mortgage rules in Canada and explain how they impact homebuyers, homeowners, and investors. Joined by expert mortgage broker Nirvina Shamshudin, we break down key updates on the stress test, down payment requirements, and debt service ratios, along with changes affecting first-time homebuyers and investor properties. We also examine how those changes in mortgage rules may influence mortgage affordability, mortgage accessibility, and monthly payments while examining their potential impacts on the Canadian real estate market-from housing prices to demand and regional trends. Take expert advice and strategy to navigate these changes, whether you're a first-time buyer, refinancing, or working out your real estate investments.

Don't miss these must-know insights to make the right decisions in today's market with Northwood Mortgage Ltd. Listen to The Mortgage Den for all your mortgage news and updates on real estate in Canada!

Hosted on Acast. See acast.com/privacy for more information.