Today we interview Giovanni Barca, a mortgage specialist in the Greater Toronto Area. Gio explains how mortgage approvals happen, with a special focus on investors. We also talk about mortgage renewals. Should you renew your mortgage loans at a fixed rate or a variable rate? Should you go for a 5 year term, a 3 year term, or even shorter than 3 years? Where will interest rates be two years from now? 2024 is definitely a time when there are further changes taking place in the real estate market in Canada. Gio gives good insights on where we are headed. You can reach Giovanni Barca at: giovanni.barca@bmo.com Randy Selzer - Real Estate Agent 33 Pearl St Mississauga, ON L5M 1X1 416-433-3556 https://www.randyselzer.com #realestate #mortgage #finance #podcast #mortgageindustry #fixedrates #bankofcanada #mortgagerates #canadanews #canadalife #mortgagerates #ratecuts #canadarealestate