Being Fancy

Interest rates continue to be rock bottom and it is prompting tons of first time home buyers to make the leap and jump into a home of their own. While prime remains low, a new report from the Canadian Association of Accredited Mortgage Professionals shows that in 2013, 82% of new mortgage borrowers opted for fixed rates. It's not much of much of a surprise since just a few short years ago 5 year fixed rates were close to 6%. If you are considering buying a home or refinancing your current mortgage, let's talk about options. Ensuring your mortgage is set up to meet your goals is key to your financial success.