Getting approved for a mortgage and securing a low interest rate is an important part of buying a home.

James and Denny welcome Alex McFadyen from Thrive Mortgage Co. to the podcast for an update on current mortgage trends.

This episode will focus on who will be most affected by the upcoming mortgage stress test, the benefits of a basement suite, the qualifying process for big banks, fixed versus variable rates, the importance of good credit history, and the risks of making a subject free offer.

Watch and listen to the Garbutt+Dumas Real Estate Podcast below and follow us on SpotifyiTunes & YouTube.