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first time buyers: Time to buy as Mortgage Rates start to go up again! - 06/04/09 03:42 PM
Interest rates centrally have been set to stay where they are for about another year... but that's not the rate we consumers pay. And the banks aren't beholden to the central rate either, which is why this week we see rates creeping back up again for mortgages. Anyone wh is thinking about buying and requires a mortgage to do so would be well advised not to drag their feet too much because the rates for us normal folk can start going up as market activity increases, or just becaues the banks decide for business reasons they want to.
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Stephen Hodge

Cobourg, ON

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Chestnut Park Real Estate Limited, Brokerage

Address: 74 Bramley St. S (Home Office), Port Hope, ON, L1A 3K4

Office Phone: (905) 885-4411

Cell Phone: (905) 376-8631

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