CTV Morning Live: Mortgage Minute - December 16

On this week's episode of the Mortgage Minute, Frank Napolitano discusses the concern about overvalued homes in Ottawa. Builders are still consistently building new homes and condos in the city because there is still demand for new homes. This is a clear indication that housing is not as overvalued as some economists are reporting, because if they were, people would stop purchasing. Ottawa is currently seeing a moderate buyers market, with some pocket locations in the city being a seller’s market and other locations being more of a buyer’s market.

It is important to discuss all details of your mortgage with a professional. Contact one of our Mortgage Brokers for advice.

Click here for the full video.