MORTAGE RATES GOING UP
Mortgage interest rates are going to increase substantially in mid-2010. In fact, this week we have already started seeing some rate increases at banks such as TD Bank and RBC.
Those who purchased a home in 2009 and 2010 have made an excellent investment, as the interest rates for home loans are currently at historically low levels. For this reason, many experts believe that it is the right time to purchase a home, especially in the City of Barrie, which is considered one of the best cities in Canada to invest in real estate.
Peter and Patricia Clarke, REALTORS© and owners of ELITE ACCESS REALTY INC. a Barrie Real Estate Brokerage, advise that when you decide to purchase a home, interest rates and home prices are variables to consider, as well as your ability to pay and the stability of your income.
Contact The Clarkes to get answers to any questions related to real estate in Barrie - in English or Spanish - as well as to buy and sell your property. They can be contacted directly at 705-716-7611.
For more Barrie Area Real Estate news visit www.BarrieProperties.com