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Host Alex Pang is joined by Kelowna-based mortgage broker, investor, and podcast host Taylor Atkinson (Venture Mortgages) to discuss the unexpected ripples from the Bank of Canada’s recent interest rate hike. How will this quarter-point increase affect buyer confidence, debt servicing, and pre-approvals in an already struggling market?
In this episode, Alex and Taylor cut through the BS to discuss:
Rate Reaction: What actually happens to your monthly payments on variable vs. fixed rates—and why panicking into a five-year fixed now is often the wrong move.
The BC Housing Reality: Kelowna and the Okanagan’s downward-trending market numbers, the true impact of the short-term rental ban, and the contrast between BC’s expensive west coast markets and Alberta’s fast-moving properties.
Political Waves: What the newly elected BC Conservative government (led by Premier Lorne Doerkson) could mean for investors, red tape, and the controversial DRIPA.
Taylor’s Investor Journey: How a former helicopter engineer built a massive 73-property personal portfolio and transitioned to creative financing back in Canada.
Tune in for firsthand insights, local stats, and unfiltered mortgage advice!
Podcast Social Links:
Website: https://canadianmortgageshow.com/
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Alex Shanks
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This is not meant to be financial advice, consult a licensed professional etc