I haven’t been able to hit the blog in about a week…and for a good reason. I’ve been super busy with buyers coming out of hibernation and taking a ride on the real estate roller coaster. For those of you still sleeping, open those news papers and read the headlines (they’re getting better). The Bank of Canada once again lowered it’s over night lending rate to .5%. Shortly after this move emails were buzzing with mortgage brokers sending me their banks newly posted rates. One broker from TD Canada Trust had sent one advertising their variable rate at 2.5%!!!
“You don’t have to buy this month, but you should definitely prepare yourself to be in a position to buy in the next 6 months” – Me (Mark Savel, Sales Rep and ABR with Re/Max Realtron Realty)
Speak with mortgage brokers about financing options, Realtors about location and get all your cards in order because there’s some definite deals to be had in the next couple of months!!!
Happy Buying
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