Head Start

I cannot believe that we are just 1 month away from Christmas. I have no idea where this year went. I actually wrote March on a cheque just last week! Oy! With the New Year approaching, many of us take the time to review our annual finances and goals. Reviewing your mortgage is a large part of that plan. If you have not had your mortgage reviewed or spoken to me about your mortgage in the last 6 months, now is a great time to get a head start on ensuring that everything is in place as it should be. My goal is to ensure that your mortgage works for you so that you can reach your financial goals, whatever they may be. My personalized service is complimentary to you, so call me today! If you are concerned with forgetting about your mortgage renewal and not having the proper amount of time to shop the market for options, send me an email with your name, address, mortgage amount, lender, renewal date and phone number and I will guarantee to be in touch with you 4 months before your renewal to ensure you get the best options on the market.

Guarantee

The holidays are right around the corner and this is the time of year most people do not want to think about buying a new home or dealing with a mortgage refinance or renewal. The trust is however, now is a great time to save money. Several lenders are doing rate sales and prices are affordable, especially for first time home buyers. Moving at Christmas may not be ideal for everyone but, my clients who have purchased around the holidays have saved big! If you are concerned with forgetting about your mortgage renewal and not having the proper amount of time to shop the market for options, send me an email with your name, address, mortgage amount, lender, renewal date and phone number and I will guarantee to be in touch with you 4 months before your renewal to ensure you get the best options on the market.

Lightning or Lotto?

Welcome to November! Apparently in my office, the passing of Halloween signals the arrival of the Christmas season because the tree went up November 1st. I have been subjected holiday carols since last week. Ouch! One of the greatest gift you can give yourself is a home that is free and clear. This is likely not going to happen by magic so below is an excellent article about the paying your mortgage down faster. Imagine it's 2007 and pay your mortgage like that. You'll be amazed at your savings. A survey was done this week by Credit Canada Solutions and Capital One that found that nearly 18% of people include lottery winnings and inheritances as a part of their financial plans. This is a pretty disturbing fact since you have a better chance of being struck by lightning than you do of winning the lotto. I supposed I should not completely rule out lotto as a financial plan since my client did win $100,000 a few weeks back but, as a financial strategy, I suggest simply saving 10% of all your income for retirement. Who do you know that is considering a home purchase but not sure where to start? Call me for a complimentary and no obligation mortgage assessment.

Buyer's Market

In mortgage news, fixed interest rates seem to be bouncing around again with some lenders offering 2.99% for quick close 5 year mortgages. No telling how long these will stick around but, many lenders have fiscal year ends in November so this could be a push to the end of the year for them. With home prices declining slightly, this is a perfect time for first time home buyers to get into the market. A buyer's market coupled with low interest rates is a great formula for home affordability. It is also good for move up buyers. The reason is simple, if you have to sell in a declining market, you also get to buy in one. This means the house you have always wanted is likely several thousand dollars less than it would have been 2-3 years ago. You may be bringing over less equity but you will also have a lower mortgage on your new home. If you want to explore options, call me today for a complimentary mortgage review