Rates are Low!

What a time to be alive indeed.  And by time to be alive I mean time to be getting a mortgage.  I know what you’re thinking.  “Is it ever a good time for a mortgage?  All they really do is cost me money.”  Well yes they do, but our whole job is to make sure it costs you as little money as possible.  And in the past while rates have been the lowest they ever have been in a long time, and they seem to be staying there!  This is excellent news for both you, the borrower, and us the brokers/agents.  It’s great for you because lower interest rates means more money in your pocket!  And it’s great for us because it means we can get you the fantastic deals and rates, which makes us happy.  Low rates are also very beneficial due to the high cost of homes lately (especially in Toronto and Vancouver).  As prices in homes continue to rise, having a low interest rate can make the difference between being able to afford a home and not being able to.  Ultimately If you’re looking to invest in a home there’s no better time than now.  Home prices are on the rise so the sooner you invest the better.  That coupled with low interest rates makes this the best time to put an offer down on a home and get locked in, before the housing market AND interest rates go up, which they inevitably will do, it’s just a question of when.  If you need a professional consultation on what/how to get yourself a mortgage feel free to contact us!

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