Interest rates are changing daily and are a major component when shopping for a new home. Thanks to our friends at RateHub.ca you check back with us regularly to see the most up-to-date rates offered from various lenders.
When setting a budget for any purchase, whether it be your very first home or an investment property, understanding what interest rate you qualify for is crucial. We advise all of our clients to speak with their Bank or Mortgage Broker prior to beginning their search to gain a better understanding of what they can afford and how their pre-qualified interest rate can impact their house hunt.
If you don’t have a Mortgage Consultant or Mortgage Broker, let us know. We work highly trained and successful professionals and can provide a few referrals to get you started.