The prices continue to grow and likely for the rest of the year. In most areas it seems to be a seller's market, with a slim supply of properties. The interest rates continue to be at an all time low. All forecast now indicate that interest rates will continue with no upward movement at least till the fall, due to the current world issues. The 35 year amortized mortgages have now been eliminated by most banks, it did cause a bit of a market jump, but now it seems that it is back to a regular pace. Most people will find that the 30 year mortgage does very little difference from the 35 year mortgage. It is great time to purchase or sell your properties, many opportunities exist. Call me for more details.
Showing posts with label Information on Mortgages and home purchasing. Show all posts
Showing posts with label Information on Mortgages and home purchasing. Show all posts
Monday, March 28, 2011
Friday, March 18, 2011
35 Year CHMC approved mortgage is OVER
As March 18 comes along the 35 year amortization mortgage is now over. Will the market slow down, will be people stop buying? Probably NOT, it will probably continue to be a strong spring real estate market. Call me to review all of your financing options.
Tuesday, February 8, 2011
Mortgage Rates have started to climb up
If you are thinking of purchasing soon, now is the time to get pre-approved and hold the rate. The rates have started to climb today and will continue to climb.
Thursday, January 27, 2011
New tool for understanding mortgages and other finance issues
The Financial Consumer Agency of Canada has specifically designed a new "Mortgage Toolkit" for the Ontario Real Estate Association to be shared with potential hombuyers, it is www.moneytools.ca
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