The Simplicity Sessions

← The Simplicity Sessions17. Sept. · 52 Min.

#615: Mortgage Education that Could Change Everything with Alex McFadyen

#615: Mortgage Education that Could Change Everything with Alex McFadyen17. Sept.52 Min.

In this episode, we sat down with mortgage expert Alex to break down one of the topics that comes up in our conversations with clients constantly: mortgages, home ownership, and how to make smart money decisions without the fear and confusion that usually comes with it.

If you've ever felt anxious about your mortgage renewal, confused about fixed vs. variable rates, or unsure whether paying off your home faster is actually the "smart" move — this episode is for you.

What we cover:

Why the ultra-low rates of 2020–2022 were the anomaly, not the norm, and what a "normalized" rate environment actually means for you

What to do if your mortgage renewal is coming up in the next 6–12 months (spoiler: start now, not later)

How inflation quietly erodes your purchasing power — and why obsessing over the Bank of Canada headlines isn't serving you

Fixed vs. variable mortgages: the framework Alex's team uses (PREPARE) to help people actually choose the right one for their life, not just chase the lowest rate

Why working with a broker can open doors a single bank never will

Rent vs. buy — is homeownership still the "right" financial move, or does it depend on you?

The First Home Savings Account (FHSA) and easy, low-cost ways to set your kids up for homeownership years in advance

Living inheritances — why giving your kids a financial head start now might matter more than what they'd receive later

Should you rush to pay off your mortgage, or is that money better working for you elsewhere?