![Differences Between Closed and Open Mortgage](https://blog.firstclassagents.ca/wp-content/uploads/2023/03/Danny_Blog_1-900x600.png)
Differences Between Closed and Open Mortgage
Spring is here, which means the housing market in Ottawa is going to pick up again soon. We get a lot of questions this time of year about open and closed mortgages, mostly wondering which is best for you.
![Lending Leaders: Q3](https://blog.firstclassagents.ca/wp-content/uploads/2023/03/Lending_Leader_Q3_Blog-900x600.jpg)
Lending Leaders: Q3
We asked 5 Ottawa Mortgage Professionals:
As a young person in Ottawa looking to purchase their first home, what advice can you provide as prices increase and qualifying is becoming more difficult?
![CITY OF OTTAWA VACANT UNIT TAX OR VUT – EVERYTHING YOU NEED TO KNOW](https://blog.firstclassagents.ca/wp-content/uploads/2023/03/Charles_Banner_Blog_4-900x600.jpg)
CITY OF OTTAWA VACANT UNIT TAX OR VUT – EVERYTHING YOU NEED TO KNOW
The City of Ottawa is putting in place the VUT (Vacant unit Tax). The Ottawa vacant home tax will take effect in January 2023 and will be applicable to non-principal residences that were vacant in 2022 for at least 184 days.
![Lending Leaders: Q2](https://blog.firstclassagents.ca/wp-content/uploads/2023/03/Lending_Leader_Q2_Blog-900x600.jpg)
Lending Leaders: Q2
We asked 5 Ottawa Mortgage Professionals:
How do you foresee interest rates changing over the next year?
![5 Tips for Moving to Ottawa](https://blog.firstclassagents.ca/wp-content/uploads/2023/02/candice_blog_heading_2-900x600.jpg)
5 Tips for Moving to Ottawa
Are you moving to Ottawa and are unfamiliar with the city? In this post I will give you 5 of my top tips you need to know when moving to Ottawa!
![Lending Leaders: Q1](https://blog.firstclassagents.ca/wp-content/uploads/2023/02/Lending_Leader_Q1_Blog-900x600.jpg)
Lending Leaders: Q1
We asked 5 Ottawa Mortgage Professionals:
Which type of interest rate would you recommend in the current market, variable or fixed?
![How does location influence desirability and value?](https://blog.firstclassagents.ca/wp-content/uploads/2023/02/Eduardo-Banner-1-900x600.png)
How does location influence desirability and value?
Location, location, location. You’ve heard it a thousand times when it comes to real estate, and you likely understand what it means. But which aspects of your location are of most influence when it comes to determining the desirability of your property and ultimately affecting its value?