preapproval: Real Estate 101- Mortgage Rates
- 03/10/11 02:11 AM
During most of 2010, mortgage interest rates in Canada were and to this date in 2011 have remained most favorable. It now appears 2011 sales volume will be strong.
However, no one can guarantee where rates will go over the next month or the next several months, and if you asked 50 experts you’d probably get 55 estimates!
How does all the above affect the potential home buyer? With home sales booming and interest rates bottoming, it’s absolutely essential to get a pre-approved mortgage if you plan to buy a home this Spring or Summer. The reasons are … (0 comments)
During most of 2010, mortgage interest rates in Canada were and to this date in 2011 have remained most favorable. It now appears 2011 sales volume will be strong.
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