5 Year Fixed 3.59%

5 Year Variable 3.10%

Open House- The Real Estate and Mortgage Show: January 12, 2019

Open House- The Real Estate and Mortgage Show: January 12, 2019

Date Posted: January 14, 2019

Michael Hapke from Advanced Mortgage Investment Corporation joins to group discussing the benefits and advantages of this arm of the Advanced Group of Companies, which also houses Mortgage Brokers Ottawa. You can find more information on their website: http://www.advancedmortgageinvestmentcorp.ca/

Did you know mortgage are more than just an interest rate? Speaking to your Mortgage Broker gives you not only the best advice but the best mortgage product to suit your needs. Banks will make more profit from offering higher rates, Mortgage Brokers do not get paid anything until the mortgage closes.

Now is a great time to list your home- just make sure the pictures convey the highlights of the property. Pictures are the first and potentially only impression for people who are more than likely viewing your home online before they commit to seeing it in person.  Home not selling? It could be a condition or a price property.

Recently to Bank of Canada made an announcement to maintain the interest rates, which is a slow down given the 5 increases since July 2017.

In the past, moving up in home size was a traditional move. Moving into a mid-size home and intending it to be a forever home is now a new market for this generation of home buyers. People are not as focused on the size of home or lot and more focused on maintenance and costs. As the baby boomer generation starts to down size, those larger home and with larger lots does not necessarily have the same market appeal and they did previously.

To listen to the full podcast, click here.