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Real estate agent, podcast host and market commentator Randy Selzer is best known for his insightful commentary on real estate happenings in the Greater Toronto Area, and for unveiling truths in his main blog at www.randyselzer.com. Randy utilizes his 25+ years experience working in the real estate industry to bring you insider knowledge that can help you to make the right decisions in real estate. Randy‘s focus covers Mississauga, Oakville, and the Greater Toronto Area, and after guesting on various local podcasts and broadcasts, in 2019 decided to officially launch his own podcast, the Randy Selzer Real Estate Podcast. Randy excels at breaking down complex financial and investment topics into informative and entertaining podcasts.
Episodes
Tuesday Jul 09, 2024
Tuesday Jul 09, 2024
We interview Andrew Galea, a prominent mortgage broker with MortgagePal in Toronto.
Today's real estate market is filled with uncertainty. Prices are still high, and although there was a recent interest rate cut by the Bank of Canada, a lot of people are still sitting on the fence when it comes to buying real estate.
Is now a good time to buy?
Will interest rates go down further?
Will prices rebound, or will they go down further as well?
Andrew quotes the great Warren Buffett when he says, "Be nervous when other people are greedy, and be greedy when other people are nervous."
Topics include:
- why the big banks in Canada have to adhere to the Stress Test, while certain credit unions do not
- how each bank is tied to a specific credit reporting company (there are 3), and how a good mortgage professional knows the differences
- should you even consider a variable rate mortgage now that rates appear to be headed down?
- how to have a strategy regarding purchasing a rental property
- whether it makes sense to look at purchasing real estate in Alberta
- and much more!
Andrew shares several great insights and actionable tips in the podcast. You can reach him at andrew.galea@mortgagepal.ca
#realestate #mortgages #realestateagent
For a video version of this podcast, see here: https://youtu.be/UUVZpetdmrE?si=ZbVCGZihjYYx16NT
Please don’t forget to like and subscribe! Let me know what you think in the comments.
EMAIL: rselzer@sutton.com
INSTAGRAM: @randyselzer
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FACEBOOK: @randyselzer
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TWITTER: @randyselzer
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TIKTOK: @randyselzer
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Randy Selzer - Real Estate Agent
33 Pearl St
Mississauga, ON L5M 1X1
416-433-3556
https://www.randyselzer.com/
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