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All Posts Tagged Tag: ‘mortgage’

Factors that will drive up Canadian mortgage rates

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There are several factors that help determine if Canada’s mortgage interest rates are set to increase or decrease. As we’ve seen as of late, the rates have been creeping upwards and I’m not sure if there is any end in sight any time soon. Here’s a few factors that will determine the interest rates: 1. The strength in the US …

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Mortgage free getting a little tougher; found survey

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A recent survey conducted for CIBC by Angus Reid found that on average, Canadians expect to be mortgage free by age 58, one year later than a similar poll conducted last year. Living mortgage free for most, signals the age to retire. With the age of obtaining that dream getting larger, it may seem like a hopeless situation for some. …

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February Saskatoon Real Estate Update

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The Saskatoon real estate market has been a busy one in February. MLS sales are up 22% from 2010 while listings are only up 9% from 2010. The most active price range of houses for sale in Saskatoon last month was $250,000-$275,000 which indicates the entry level homes are the hottest commodity right now. With the changes in mortgage rules that …

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Mortgage rules to change in March

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This is a long overdue post mostly because I have been so busy showing Saskatoon homes for sale due to the change that I have not had time to write about it! I have also been busy showing houses for sale around Saskatoon as there are lots of great new homes for sale in Warman and Martensville. As of March …

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Interest Rates Have Gone Up

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We have had some warnings the past few days that rate hikes were coming and I just got confirmation from Centum Canada Mortgages (the Century 21 affiliated mortgage brokers) that rates have indeed gone up to 3.79 for a 5 year term. If you are thinking about buying a house for sale in Saskatoon it doesn’t hurt to get your …

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New Listings + Exciting Low Interest Rates

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I have the perfect combo for a first time buyer in Saskatoon or investor! My newest Saskatoon real estate listing, a condo for sale in Saskatoon in Eastview, is vacant and ready for immediate occupancy. That, combined with a quick close before November 30th with a rate of 3.49% from Centum Canada Mortage Direct Ltd in Saskatoon, equals a GREAT deal! …

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BOC Interest Rates Unchanged

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In the news on January 19th, 2010 it was stated that the government will keep the lowest practical rate of 0.25% until at least the middle of 2010. In Saskatoon real estate we are still seeing a 5 year mortgage around that 3.99% mark which has been fluctuating slightly, but that seems to be a common rate with several lending …

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First Time Home Buyer Mistakes and How To Avoid Them

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As a Saskatoon real estate agent, I enjoy working with first time home buyers in Saskatoon. I have a few documents for my first time home buyers in Saskatoon which helps answer questions before they arise and it is always a good thing to come back to when looking to buy a house for sale in Saskatoon and area. The …

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