EPISODE · Sep 29, 2025 · 14 MIN
Mortgage 101 - Rates, Risks & Real Estate
from Mortgage 101 with Clinton Wilkins · host Clinton Wilkins Mortgage Team
Clinton and Dan discuss the current state of the mortgage market, focusing on interest rates and home ownership. Clinton mentions a Bank of Montreal economist's projection of a 75 basis point reduction in the key overnight rate by early next year, which could lower mortgage rates to the 3% range. They debate the pros and cons of variable vs. fixed rates, with Clinton noting a shift towards variable rates. They also discuss the impact of rising rates on inflation and the potential for a 25 basis point cut in September.
What this episode covers
Clinton and Dan discuss the current state of the mortgage market, focusing on interest rates and home ownership. Clinton mentions a Bank of Montreal economist's projection of a 75 basis point reduction in the key overnight rate by early next year, which could lower mortgage rates to the 3% range. They debate the pros and cons of variable vs. fixed rates, with Clinton noting a shift towards variable rates. They also discuss the impact of rising rates on inflation and the potential for a 25 basis point cut in September.
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Mortgage 101 - Rates, Risks & Real Estate
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