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Current Mortgage News

The Ottawa market continues to grow with home prices of residential properties exceeding $500,000, sales year-over-year are up over 10% as low inventory levels continue.

Latest on the Ottawa real estate market and investing in Ottawa real estate with a mortgage investment corp are featured on this edition of Open House- The Real Estate and Mortgage Show.

Mortgage rates remain stable, listing your home for the spring market, and more information about Advanced Mortgage Investment Corporation on this week’s edition of Open House: The Real Estate and Mortgage Show

Could a private mortgage be right for you?

Michael Hapke from Advanced Mortgage Investment Corporation joins to group discussing the benefits and advantages of this arm of the Advanced Group of Companies.

Jennifer Anderson from Advanced Mortgage Investment Corporation joins Steve Gregory, Frank Napolitano, and Paul Rushforth discussing the latest in Mortgages and Real Estate.

What We're Reading: Recent statistics about commercial and retail real estate in Ottawa.

What We're Reading: CREA statistics show year-over-year resale price growth in Ottawa.

Ottawa's year-over-year unemployment rate decreased by 1.5% to sit at 4.2% while housing starts increased by 27.4% in Q2.

With rising interest rates and rising house prices, some home buyers wonder if not is the right time to buy, or if they should “wait out” the market for a period of time. The real questions may be, can you afford to wait?

According to a report released by the Ottawa Real Estate Board, sales of homes for May 2018 topped 2,279. These sales included 485 condominium properties and 1,794 residential.

And it’s more good news for the Ottawa housing market.