Dan Ahlstrand and Clinton Wilkins discuss the importance of financial literacy, especially during Financial Literacy Month. They emphasize the need for education on credit, income, and assets, noting that schools often lack this instruction.על ידי Clinton Wilkins Mortgage Team

Clinton Wilkins and his team take to the streets to answer real questions from listeners about homeownership, saving for a down payment, and navigating the ever-changing mortgage landscape.על ידי Clinton Wilkins Mortgage Team

Clinton Wilkins and guests dive deep into the evolving landscape of mortgage lending in Canada. From the rise in mortgage fraud and the tightening of regulations to the increasing role of family support in helping first-time buyers.על ידי Clinton Wilkins Mortgage Team

In this special "Best of 2025" episode of Mortgage 101, Clinton Wilkins breaks down the year’s biggest trends in homeownership and mortgage lending. Clinton shares candid advice on the responsible use of home equity lines of credit, emphasizing the importance of not treating your home as an ATM.על ידי Clinton Wilkins Mortgage Team

על ידי Clinton Wilkins Mortgage Team

Clinton and Dan discuss financial literacy, mortgage rates, and housing market trends. They note that while other provinces like Ontario and BC see housing price declines, Atlantic Canada's property values rise by about 3% annually due to high demand. They highlight the affordability issues, with $29.40/hour needed to live in HRM, equating to aroun…

Clinton and Dan discuss the current state of the mortgage market, focusing on interest rates and home ownership. Clinton mentions a Bank of Montreal economist's projection of a 75 basis point reduction in the key overnight rate by early next year, which could lower mortgage rates to the 3% range. They debate the pros and cons of variable vs. fixed …

Dan and Clinton discuss the challenges of student housing in Halifax, noting the high cost and limited availability. They observe a shift from parents buying properties for their children to more student housing being sold. Clinton highlights the impact of reduced foreign student numbers on the market. They debate the financial viability of buying …

Clinton is joined by Dan Ahlstrand, and the two discuss the current state of the housing market in the fall. Clinton notes that while the market is still busy, it's more balanced than in previous years, with listings above $600,000 staying longer on the market. He predicts a 25 basis point cut by the Bank of Canada, which could increase demand and …

Todd and Clinton discuss the impact of recent fires on insurance costs, noting that insurance premiums have risen due to increased risk factors. They also address the high costs of new home construction, citing labor and material expenses, and the challenges of new home construction, including overruns and scope creep. Clinton explains that most ne…

Clinton and Todd discuss the impact of inflation on interest rates and the housing market, noting that rates are expected to stay higher for longer. They explain the concept of net worth, including what assets and liabilities to include, such as real estate, TFSAs, and life insurance. The conversation shifts to refinancing, highlighting that it oft…

The guys discuss the impact of inflation and rising debt on home ownership. Clinton notes that Canadians are heavily indebted, with mortgages averaging $400,000, often supported by dual incomes of $100,000. Food prices have doubled, affecting household budgets significantly. They highlight the disparity between real estate prices, which have double…

Todd and Clinton discuss the evolution of their mortgage show, emphasizing their dynamic approach to mortgage lending and broader topics. Clinton, with nearly21 years of experience, highlights his passion for the industry and his role as the Atlantic director for Mortgage Professionals Canada. He shares his business growth, handling $500 million in…

Todd and Clinton regroup to wrap up their discussion on Pride in Homeownership. They touch on the impact of political uncertainties, such as trade wars and interest rates, on the housing market. They noted that while rates have decreased, the market remains high, affecting affordability. Clinton highlighted the trend of younger buyers receiving lar…

Clinton and Blair are back to answer more mortgage questions from listeners. The two explain that mortgage payments are relatively stable, with a portion going to interest and the rest to principal. They emphasize the importance of the stress test in ensuring affordability and protecting borrowers from financial shocks. Clinton notes that while int…

Todd, Clinton, welcome guest Blair Patterson to address questions from listeners, including how to prepare for buying a home in 10 years, the importance of automatic savings, and the impact of interest rates on mortgage payments. They emphasize the significance of credit scores, the benefits of automatic payments, and the challenges faced by queer …

Clinton Wilkins and Todd Veinotte discuss the intersection of Pride Month and home ownership. They highlight the importance of continuing to address issues of equality, noting that the percentage of homes owned by queer people is lower than that of straight people. Clinton shares his experiences as a mortgage broker, emphasizing the challenges face…

Clinton Wilkins and Todd Veinotte discuss the importance of credit monitoring, especially in light of the recent Nova Scotia Power cyber breach affecting 200,000 customers. They recommend using free apps like Borrowell (Equifax) and Credit Karma (TransUnion) for weekly updates, which do not impact credit scores. For more comprehensive monitoring, p…

Todd Veinotte, Clinton Wilkins, and Trevor Gordon (of Home Equity Bank) discuss the importance of aging in place for retirees. They explore the benefits of a reverse mortgage, highlighting its flexibility and the freedom it provides to clients who use it. The program is equity-driven, not credit-driven, and caters to seniors with strong credit but …

Todd Veinotte and Clinton Wilkins welcome Trevor Gordon, Business Development Manager at Home Equity Bank, to discuss reverse mortgages. Trevor explains that Home Equity Bank has been providing reverse mortgages for over 30 years. He highlights that the average client and dispels common misconceptions about reverse mortgages, such as the bank takin…

Clinton Wilkins and Todd Veinotte discuss the impact of the new government's financial policies on the mortgage market, highlighting the HST exemption on homes valued at $1.5 million or more, which could save homeowners up to $250 monthly. They also address the rising costs of home ownership, including unexpected expenses like a $3,000 heat pump re…

Todd and Clinton discuss the evolving landscape of mortgage lending, highlighting its complexities and the importance of staying informed. They emphasize the necessity of monitoring credit and bank accounts to avoid fraud. They also discuss the challenges faced by first-time homebuyers and the impact of regulatory changes, such as the foreign buyer…

Sandi Burns, Chief Credit Officer at Manulife Bank, discusses the increasing prevalence of mortgage fraud, particularly in Atlantic Canada. She highlights "fraud for shelter," where individuals alter documents to qualify for mortgages, and "fraud for profit," involving organized crime. The conversation also touched on the importance of regulatory c…

Todd and Clinton are joined by Sandi Burns, Chief Credit Officer at Manulife Bank, to discuss her role in setting mortgage guidelines and managing the lending portfolio. She highlights Manulife's unique mortgage product, the Manulife One, which combines a checking account and mortgage, allowing customers to pay down their mortgage faster. Burns als…

Todd Veinotte and Clinton Wilkins discuss the impact of the federal election, economic factors, such as interest rates, inflation, and tariffs, and their effects on the housing market and construction materials.על ידי Clinton Wilkins Mortgage Team

Todd Veinotte and Clinton Wilkins discuss the current state of the mortgage market, highlighting the busy spring real estate season and the impact of interest rates. Clinton notes that interest rates are trending downward but are influenced by various factors, including federal government policies and inflation. He emphasizes the importance of buil…

Todd Veinotte and Clinton Wilkins discuss the Halifax real estate market with special guest Keith Kenny, a realtor from Century 21 Optimum. They highlight Dartmouth downtown and Fairview as good investment opportunities, noting the city's urban development and infrastructure challenges. They discuss the impact of urban sprawl on municipal services …

Keith Kenny, a realtor from Century 21 Optimum with 13 years of experience, discussed the Halifax real estate market. He noted a slight increase in inventory, cautious optimism among buyers, and the impact of political and economic uncertainties. Buyers are now more cautious, with many offers being rejected. The average home price in HRM is around …

Todd Veinotte and Clinton Wilkins discuss the mortgage industry and its challenges. Clinton talks about managing his 20,000+ clients, and the impact of external factors like elections and tariffs on client mental health. They explore the potential impact of political promises to reduce GST on new homes under $1.3 million, explaining how it could lo…

Todd Veinotte and Clinton Wilkins discuss the role of a mortgage broker, emphasizing their ability to offer tailored mortgage advice and access to multiple lenders. Clinton highlights his extensive experience, having managed $2 billion in mortgages, and notes the shift from branch-based mortgages to broker-assisted ones, especially for first-time h…

Todd Veinotte and Clinton Wilkins discuss the benefits of home equity lines of credit (HELOCs) for renovations and investments. Clinton explains the role of CMHC insurance for those with less than 20% down payment, and the associated premiums. Clinton also discusses the advantages of energy-efficient upgrades, such as heat pumps and mini-splits, an…

Todd Veinotte and Clinton Wilkins discuss the upcoming spring real estate market, noting it as the busiest time of year due to improved weather and increased buyer activity. They also discuss the impact of lower interest rates on mortgage renewals, with buyers focusing more on monthly payments than rates. The two also talk about the popularity of h…

Todd Veinotte and Clinton Wilkins discuss the potential economic impact of tariffs on the Canadian housing market, noting the uncertainty caused by political volatility in the U.S. They also discuss the upcoming Canadian federal leadership race, comparing the economic strategies proposed by Liberal frontrunner Mark Carney with those of Conservative…

Clinton and Todd are joined again by special guest Leigh Davis, family lawyer from MDW Law. This time, they're digging into the Matrimonial Property Act, it's provisions, and what kinds of relationship arrangements are covered under this legislation.על ידי Clinton Wilkins Mortgage Team

Clinton and Todd are joined by Leigh Davis, family lawyer with MDW Law. The three talk about what it means to practice financial literacy in a matrimonial setting, emphasizing the importance of having tough conversations before the wedding bells ring, and what services are available should matrimonial breakdown occurs.…

The news lately has been challenging to a lot of Canadians. With the threat of tariffs looming over the economy, what can borrowers expect as far as mortgage rates go? In this episode, Clinton and Todd cut through the headlines and clickbait to give borrowers the advice they need to keep themselves and their assets safe over the next four years.…

It's February, which means it's time to talk about loving your home! Clinton and Todd discuss the many aspects that go into loving your home, emphasizing that renovations should be enjoyed by the current owners, discouraging homeowners from renovating right before a sale.על ידי Clinton Wilkins Mortgage Team

To wrap up their Merry Debtmas conversation, Todd and Clinton invite Tina Powell from MNP Limited to discuss the next steps borrowers need to take after filing for bankruptcy or a consumer proposal. The three explore the challenges and strategies for reestablishing credit and staying clear of additional trouble. They emphasize the importance of pay…

Todd and Clinton continue chatting on the subject of Merry Debtmas, inviting a friend of the show to share some information that may be helpful to borrowers facing challenging financial situations. Tina Powell, a licensed insolvency trustee from MNP Limited, discusses personal insolvency options such as bankruptcy and consumer proposals. She emphas…

Todd and Clinton's Merry Debtmas conversation continues, this time discussing the ins and outs of mortgage refinancing and renewals, highlighting recent changes to Canadian mortgage rules. Key points include the introduction of high-ratio insured mortgages with a 30-year amortization and an increased limit to $1.5 million. They also cover the retur…

It's a new year which can only mean one thing: Merry Debtmas! Todd and Clinton discuss the challenges of home ownership and financial planning in this time of rising costs and inflation. Clinton emphasizes the importance of financial literacy and planning, noting that 60% of Canadians are facing mortgage renewals with potentially strained finances.…

Mario Cloutier from Manulife joins Clinton Wilkins and Dan Ahlstrand again to discuss risk coverage for borrowers who are looking to build and the high cost of construction today. The three wrap the show by taking a listener's call, answering the questions he had on the subject of creditor insurance.…

Clinton Wilkins and Dan Ahlstrand are joined again by Manulife's Mario Cloutier. They discuss the types of insurance coverage borrowers should look into as they move through different phases of life. The three also field a range of call-in questions from Mortgage 101 listeners.על ידי Clinton Wilkins Mortgage Team

Dan Ahlstrand and Clinton Wilkins are joined by Mario Cloutier, from Manulife, to discuss how to keep your finances protected. Cloutier advises that insurance premiums are often affordable and can be maintained at a fixed rate throughout the mortgage term, recommending both creditor and life insurance for comprehensive protection.…

Clinton Wilkins and Dan Ahlstrand talk about financial literacy, highlighting the importance of understanding finances beyond just bank balances, noting that Canadians are at an all-time high of 180% debt-to-income ratio.על ידי Clinton Wilkins Mortgage Team

Dan Ahlstrand and Clinton Wilkins discuss the changing landscape of income and housing in Nova Scotia. They focus on the recent federal government announcements allowing up to 90% home equity borrowing for secondary suites.על ידי Clinton Wilkins Mortgage Team

Chris Johnson from Sagen joins us on Mortgage 101 to discuss the importance of high-ratio mortgage insurance, which allows buyers to access homeownership with as little as 5% down, making it more affordable for Canadians.על ידי Clinton Wilkins Mortgage Team

Derek Bellefontaine, Real Estate Appraiser, with Mari Tech joins us as our guest to discuss the role of appraisers in valuing homes, which is crucial for purchasing, refinancing, and separations.על ידי Clinton Wilkins Mortgage Team

Special host Dan Ahlstrand joins Clinton Wilkins to kick off Financial Literacy Month, emphasizing education on income, assets, and credit.על ידי Clinton Wilkins Mortgage Team

Clinton Wilkins reflects on this year's discussions of the impact of interest rate cuts on consumers, noting that rates have declined by 0.25% and are predicted to reduce further by 125 to 175 basis points by the end of next year. This could potentially bring prime rates to around 4%. Clinton also highlights the importance of being organized and pr…