Did you know November is Financial Literacy month? Time to up your knowledge on your finances with these 6 steps! This link will also provide excellent links to other great pages to improve your knowledge. Knowledge is Power!
Month: November 2012
Make sure you are doing the proper steps to purchase your first home. If you need help and guidance on which debts to pay down quickest and to create a monthly budget, let me know! www.jenniferestrada.ca
For those of you with a variable rate mortgage, the Bank of Canada accounted that they don’t expect to increase their Key Target Intereset Rate until late 2014, which means the lending prime should also stay as is at 3%. Please keep in mind when prime does increase and you are wanting to lock in your variable rate mortgage to a fixed rate, the fixed rates could be much higher. Talk to your mortgage broker if you are trying to decide whether to lock in now, or wait a while longer. The discount off a prime and other factors should be considered to help determine the best answer for you! www.jenniferestrada.ca