The last year was a policy shock, especially regarding interest rates and their effect on mortgage rates. MLA Advisory reached out to Mortgage Specialist and Owner of Nest Mortgage Scott Gingles as our mortgage expert to shed some light on what we might expect from the coming year. Here, Scott answers our questions about what 2023 may bring forth and what buyers should do if they are in – or entering – the market this year.
In this episode of MLA Canada's Trending Topics, we cover the following:
Expectations about the economic landscape to be in 2023. 2023 mortgage rate predictions. Optimum mortgage strategies to consider for 2023. Advice for things a buyer can do today to prepare for a purchase in 2023. Advice for homeowners with existing mortgages.
