Mortgage 101 with Clinton Wilkins & Todd Veinotte

Clinton and Todd discuss the impact of inflation on interest rates and the housing market, noting that rates are expected to stay higher for longer. They explain the concept of net worth, including what assets and liabilities to include, such as real estate, TFSAs, and life insurance. The conversation shifts to refinancing, highlighting that it often occurs at renewal but can happen mid-term for various reasons like debt consolidation or renovations. They emphasize the importance of understanding amortization periods and the benefits of bi-weekly payments.

What is Mortgage 101 with Clinton Wilkins & Todd Veinotte?

Mortgage 101 with Clinton Wilkins and Todd Veinotte, as heard on CityNews, is a monthly radio show where the guys discuss everything there is to know about getting a mortgage, as well as answering listener phone-in questions.

You can find more information about Clinton Wilkins and the Clinton Wilkins Mortgage Team at www.teamclinton.ca