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TR Talks Toronto Real Estate
Real Insights From Pickering's Top Real Estate Team
Are you a resident of Pickering or the Greater Toronto Area or planning on moving here? Whether you’re a homeowner, tenant, investor, or first time buyer - TR talks will give you weekly updates on their insight and honest opinions on the ever changing real estate industry.
Consistently in the Top 0.5%-1% of Realtors across the GTA , out of approximately 75,000, your hosts, Team Rajpal bring you 50 years of collective experience to discuss market stats, tips and tricks for navigating the market, laws impacting housing, investment opportunities, and interviews with industry professionals from home inspectors to real estate lawyers and more! It's like an everything bagel except it’s real estate!
To Personally Connect with the Team please contact us at:
Remax KEY 2 Real Estate, Brokerage
Office:(647) 875-8000
Email: info@teamrajpal.com
Instagram: @teamrajpal
TR Talks Toronto Real Estate
74.Navigating Mortgages: Date the Rate, Marry the House - Expert Insights with Ivone Souza
In this episode of TR Talks, Team Rajpal hosts Ivone Souza, a seasoned mortgage broker with over 28 years of experience, to discuss the current mortgage landscape. Ivone shares valuable insights into interest rate trends and the importance of understanding mortgage options.
Key takeaways include:
- Current Market Conditions: Despite fluctuations, Ivone explains that current mortgage rates, though high compared to recent years, are on a downward trend. She emphasizes that buyers need to focus on numbers, saying "date the rate, marry the house," meaning that while interest rates may fluctuate, securing a good property is a long-term investment.
- Interest Rate Impact: A 0.75% decrease in interest rates can save homeowners significant amounts, with the example of a $700,000 mortgage potentially seeing monthly savings of over $2,200.
- Fixed vs. Variable Mortgages: The discussion highlights the difference between fixed and variable mortgage options, focusing on the flexibility of variable rates. Ivone suggests that staying on a variable rate can be beneficial as rates continue to decrease.
- Tailored Mortgage Solutions: Ivone stresses the importance of tailoring mortgage solutions to each individual’s financial situation, providing flexibility that banks often cannot offer.
Listeners are encouraged to reach out to Ivone for personalized advice and are reminded that mortgage decisions should be based on long-term financial goals, rather than short-term interest rate fluctuations.
Ivone Souza
Mortgage Agent Level 2
Clear Trust Mortgages
647-403-8153
ivone@souzamortgagesolutions.ca
Team Rajpal
Instagram: @teamrajpal
Facebook:https://www.facebook.com/teamrajpal
TikTok: @teamrajpalrealestate
Phone: 647-875-8000
Email: info@teamrajpal.com
www.teamrajpal.com
Top 1% of 75,215 agents in the GTA*