EPISODE · Aug 25, 2025 · 10 MIN
Mortgage 101 - Advice for Modern Buyers
from Mortgage 101 with Clinton Wilkins · host Clinton Wilkins Mortgage Team
The guys discuss the impact of inflation and rising debt on home ownership. Clinton notes that Canadians are heavily indebted, with mortgages averaging $400,000, often supported by dual incomes of $100,000. Food prices have doubled, affecting household budgets significantly. They highlight the disparity between real estate prices, which have doubled, and stagnant incomes. Wilkins advises focusing on needs over wants to manage inflation better.
What this episode covers
The guys discuss the impact of inflation and rising debt on home ownership. Clinton notes that Canadians are heavily indebted, with mortgages averaging $400,000, often supported by dual incomes of $100,000. Food prices have doubled, affecting household budgets significantly. They highlight the disparity between real estate prices, which have doubled, and stagnant incomes. Wilkins advises focusing on needs over wants to manage inflation better.
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Mortgage 101 - Advice for Modern Buyers
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