As seen on househunting.ca
This is what is happening at the moment. Interest rates are on the move up once again and house prices are on the move. So for those waiting for the bottom, it seems to have come and is sailing away. Now, I’m not saying the deals are gone. That would be an incorrect statement.
There are great deals to be had at still historic prices–but there is no bottom to wait for. Get in now, as your property will only increase in value–and the interest rate you see now will be gone soon.
For more information on mortgage rates and programs designed to help the first-time home buyer, visit Vic Cotton’s website atwww.mortgagebrokers.com/vcotton.Vic cotton is a mortgage professional and managing partner with mortgagebrokers.com.together with real estate professional sarah Johnston of maxwell canyon creek realty, he will be launching a new call-in radio show called open line real estate on am 1060 won fridays at 7 p. m. starting June 12.
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