People are finally starting to strategize!
In recent weeks, we’ve had buyers approach us wanting to take advantage of the amazing value out there in terms of home prices, but also wanting to win on the other side, in terms of the interest rate story. With interest rates decreasing, what they’re doing is either locking in a short-term interest rate or going straight to variable in anticipation of rates coming further down. In this way, they’re winning on both sides. It’s a win-win situation, a great window of opportunity, and, in my opinion, an excellent strategy.
The key elements to this story, though, are that you need to get yourself educated and set up with an excellent mortgage broker, and have a realtor who knows the areas you’re looking in and where the actual real value is .
We can help you get set up with both! Give our team a shout at 289-218-8119 or email us at hello@florianrealtyteam.ca. We’re here to help!