29 Feb

Stricter Rules Making it Even Harder to Get Approved for a Mortgage!

General

Posted by: Jennifer Fuentes

The federal government will be tightening mortgage rules making it tougher for homebuyers to qualify for a mortgage. If you are thinking about buying a home, start asking your questions now and see where you stand and if you qualify. Get a pre-approval now!  Jenestrada@goldfinancial.ca  

Have a look at this article!
http://www.vancouversun.com/business/will+tougher+mortgage+future+survey+economists+predicts/6189269/story.html

 

 

 

 

 

 

 

8 Feb

Interest Rates to Stay Low!!!

General

Posted by: Jennifer Fuentes

The US central bank has now promised to keep their interest rate low until late 2014 (previously target was to increase in 2013), so Canada should follow suite and their Key Interest rate is predicted to stay low for this period of time as well. With these low rates, tighter mortgage qualifications are in the works. If you are wanting to buy or refinance, now is the time before the guidelines tighten up! www.jenniferestrada.ca

 

 

http://business.financialpost.com/2012/01/25/near-zero-until-at-least-late-2014-fed/