Rendez-vous des Proprios Video: Your mortgage, what you need to know
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COVID 19 has hit the economy. Some owners have been hit hard using deferrals, while others are positioning themselves in opportunity mode. Interest rates have fallen sharply. What position should we take in the face of this decline in terms of our mortgage choices?
Do the recent CMHC announcements put a stop to the real estate sector's momentum? Who will be affected by these new restrictions?
Now is the time to reflect on the options that the economic landscape can offer. Lower interest rates and a potential drop in value could put a smile on the face of many seasoned investors.
This interview during the Rendez-vous des Proprios provides an overview of these issues and highlights several aspects of the mortgage world. Learn more about these changes and what they could mean by watching this French video of the Rendez-Vous des Proprios.
Benoit Ste-Marie, General Manager of CORPIQ receives Serge Michon, Director of Multi-Residential Financing at National Bank and Benoit Allaire, Assistant Vice-President Commercial Financing for First National Financial.