Before it's too late

Fixed rates have been increasing and there are rumours that mortgage lending guidelines may become even stricter. This has many people jumping into the market to avoid being locked out by high rates and qualification changes. If you have been considering buying a home but have not been sure if now is the time, later on may be too late. Over the past couple of weeks, several lenders announced they were no longer doing pre-approvals or rate holds for clients. This is unfortunate for clients who want to hold rates for 4 months while they shop. If you need mortgage advise for a current mortgage or help getting a new mortgage, please ask me. My services are complimentary and I am also happy to help!