What’s Happening In The Mortgage Market:
· Rates are Trending Upwards
· As the strength of the economy increases and the ‘Bond Market’ increases we will continue to see increased fixed rate terms
· Those with less than 2yrs left on their mortgage should connect with us about renewing early
· Those looking for a home should get a preapproval done & get a rate hold secured
· 2018 Has The Largest Number of Mortgage Renewals Happening On Recent Record
· Are you renewing in the next 6-12 Months? Do NOT sign with your bank until we have a review. You can move your mortgage with NO COST, usually for better terms/rates that we can negotiate on your behalf
· We can get started and be prepared to renew your mortgage
· Edmonton Moves to ‘Buyers Market’
· Great time to consider purchasing, with lots of available inventory
· Those properties in the $300-450k range are in demand, be prepared with a preapproval in hand ready to make offers
· The Condo market is still heavily saturated; now may be the perfect time to pick up a great deal