3 Tips for Buying a Home Today

If you put off your home search at any point over the past 2 years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options.  Here are 3 tips for buying the home of your dreams today ~

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Should I choose a
FIXED or VARIABLE rate mortgage ?

According to many economic experts, in most cases variable-rate mortgages are more beneficial in the long-term compared to fixed-rate mortgages. And, in Canada, you can see that here in the History of Average Variable vs 5 Year Mortgage Rates. That being said, keep in mind that the most advantageous option for you will depend on the economic situation, your personal finances & risk tolerance.  We highly recommend you speak with a knowledgeable Mortgage Broker to find out what is best for you & your family.

Check Rate History Here
Mortgage Broker Professionals
Does Your House Feel Dated?
Here are 5 simple ways to modernize

Did you know it’s usually the smaller features, like light fixtures and window treatments that could make a house feel dated?  Luckily, these elements are easy to fix and will help you achieve the updated look you’ve been dreaming of.  Here are 5 surprising features that are making your home look dated:

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Buyers Face Less Competition
As Bidding Wars Ease

One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up.  But here’s the news you’ve been waiting for: data shows clear signs competition has eased!

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