Dealing with Debt: Interview with Denise Carroll-McLean
The COVID-19 crisis has forced many families into a precarious cash flow position, forcing a necessary review of their current debt service obligations. In this conversation, Steve Willems interviews Denise Carroll-McLean, Mortgage Expert with Dream Approved Mortgages – for her perspectives on what opportunities exist for households in dealing with their debt.
In this video, you will hear:
What changes have occurred in the last month regarding fixed and variable rate mortgages (1.12)
Three things that every young family should be looking to do (3:13)
The risks of predatory second mortgage products to be aware of (5:36)
About the staggering spikes (and benefits of) payment deferral programs (7.29)
Cash flow strategies for landlords of multiple properties, where tenants are not making timely payment (9.20)
An easy win with adjustments to payment frequency (12.22)
How to see outside the fishbowl with a third party objective review (12.43)