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When it comes to buying real estate, it's location, location, location. But when it comes to financing the purchase, it gets a bit more complicated. Will it be a variable rate or fixed? How long should the amortization be? How will Ottawa's new rules affect you? And should you rush in now while rates are low or save for a bigger down payment?

On Wednesday, May 11, at noon (ET), Rob McLister, editor of the award-winning Canadian Mortgage Trends blog, joined us for a live discussion and answered your mortgage questions. Mr. McLister is a mortgage planner and former equities trader with a degree in finance from the University of Michigan Business School.

You can replay the discussion in the box below.

<iframe src="" scrolling="no" height="650px" width="460px" frameBorder ="0" allowTransparency="true" ><a href="" >Mortgage expert answers your questions</a></iframe>