Ep.003: Navigating the Mortgage Landscape in Canada with Matthew Shantz

Summary

In this episode of the Millennial Money Canada podcast, hosts Guillaume Girard and Sam Lichtman welcome mortgage broker Matthew Shantz to discuss the current mortgage landscape in Canada. They explore various topics, including the importance of financial literacy, the impact of interest rates on the housing market, and strategies for self-employed individuals seeking mortgages. Matthew shares insights on reverse mortgages and the benefits of multi-generational living, emphasizing the need for proactive financial planning. The conversation highlights the importance of understanding mortgage insurance and preparing for upcoming mortgage renewals, providing listeners with valuable information to navigate their financial futures.

🎥 Content of this video

00:00 Introduction to Millennial Money Canada Podcast

03:26 Business Growth Strategies and Client Engagement

08:08 Podcasting Journey and Personal Development

08:50 Introduction and Meeting Sam

10:43 Building a Successful Team

13:51 Recent Changes in the Mortgage Space

19:07 Understanding Mortgage Regulations and Market Dynamics

24:17 Interest Rates and Their Impact

30:56 The Mortgage Renewal Cliff

36:25 Tactics of Major Players in the Mortgage Market

44:53 Navigating Renewal Options

47:21 Understanding Self-Employed Income

55:15 Exploring Reverse Mortgages

01:07:36 Innovative Housing Solutions for Retirement

🤝 Work with Matthew and his Team

Website: https://matthewshantz.com/
LinkedIn: https://www.linkedin.com/in/matthew-shantz/Instagram: https://www.instagram.com/the_matthewshantz/

🤝 Work with Millen Wealth Advisors

🌐 Book an intro meeting today 👉 mwadvisors.ca

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Podcast YouTube Channel:
https://www.youtube.com/@MillennialMoneyCanadaPodcast
TikTok: https://www.tiktok.com/@millennialmoneycanada?lang=en
Instagram: https://www.instagram.com/financialplannergui/
Guillaume on LinkedIn: https://www.linkedin.com/in/guillaume-girard-cfa-cmt-cfp-08487170/
Sam on LinkedIn: https://www.linkedin.com/in/sam-lichtman/

Keywords

Millennial Money, financial planning, mortgage landscape, real estate investment, interest rates, mortgage insurance, self-employed mortgages, reverse mortgages, multi-generational living, financial literacy