Robert McLister, mortgage specialist at MortgageLogic.news, talks with Financial Post's Larysa Harapyn about how mortgage lenders are offering ‘extreme discounts’.
Пікірлер: 31
@bernadofelix19 күн бұрын
Mortgage rates are currently at an all time high since 2000(24 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market
@HectorWhitney19 күн бұрын
The stock market is no different, to maintain profit, you need to have some in-depth knowledge on the market
@jones9-19 күн бұрын
True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.
@PaulKatrina.19 күн бұрын
in my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.
@ScottKindle-bk3hx19 күн бұрын
my partner’s been considering going the same route, could you share more info please on the advisor that guides you.
@PaulKatrina.19 күн бұрын
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@Mariagreta-gv9le19 күн бұрын
My husband and I were fortunate enough to be able to pay off our mortgage early. We were both still working, and took the payment amount that we had been using to pay off our mortgage faster and we put it straight into investments. We were able to retire early because of almost 7 years of putting away what would have been our mortgage payment as well as maxing out our 401K/403B plans. Thankfully we were taught by both of our parents the value of living within our means. Thank you for your advice. I know it will help people. we are interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?
@RomeroCarmen-419 күн бұрын
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
@SofiaDiego-19 күн бұрын
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
@AlvarezDanuta19 күн бұрын
I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
@SofiaDiego-19 күн бұрын
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@Adrianaluca-um6ny19 күн бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@peej9120 күн бұрын
Do canadians even care about thier kids? Over leveraged is over leveraged
@citizenm959019 күн бұрын
Canada realestae being this high where the weather and quality of life on decline not worth it. I have seen countries that are poorer way happier then Canadian i dont want to be in a country where the cold weather is most part of the year and where housing very expensive
@johnbeaudin20 күн бұрын
In what country? Usually, if not always, there are no caption options for this channel. This excludes part of the potential audience. Why?
@minimaxmiaandme.497113 күн бұрын
Has she been drinking?
@andrewmccoll158220 күн бұрын
Right, rates were a LOT higher relative to the actual bond yields last year. There was like a 1% + spread on the prime rate for 5 year. Now it's almost par. Not fair to people who got their mortgage last year.
@minimaxmiaandme.497113 күн бұрын
Not fair, what world are you living in....
@alexg972720 күн бұрын
how is 6% an 'extreme' discount
@andrewmccoll158220 күн бұрын
This guy is literally encouraging fomo. Not impressed Financial Post that you'd ask him on and not provide more context or nuance to this.
@alexg972720 күн бұрын
people who think 6% is a discount are delulu
@CheekyMonkey88820 күн бұрын
I m going to translate this into plain English: the actual real inflation rate (think double digits, not the ridiculous 3% gov lie) is outpacing your capacity to save for a downpayment
@stefanknezevic...20 күн бұрын
We are looking into mortgage with td and they wont budge less than 5.60 on 3 yr fixed... What discount are you talking about ??? This is another sell out media
@andrewmccoll158220 күн бұрын
If they go any lower they can't make any money on it. Banks have to borrow in a sense to issue mortgages, and they have a cost attached to them. Say TD's cost for 3 years is 5.3%. Would they really go any lower to make a 0.3% gross profit per year when they still have to pay salaries, system costs, etc. to service that mortgage? No. It sucks but it is what it is.
@trevors141020 күн бұрын
Brampton is the capital of Canindia
@tyguy10415 күн бұрын
A new form of 'sub-prime'?
@stephenfermoyle457819 күн бұрын
oh it's Countess Choc u lahhhhhhh!! the face of doom and gloom
@stephenfermoyle457819 күн бұрын
Larysa ..she loves the gloom and looks like the doom !!