Low Mortgage Rates – The Best Time to Buy
High-interest rates and the ability to save for a down payment are two obstacles that affect ones ability to purchase a home. Saving for a down payment is a matter of financial discipline and knowing your options, but low-interest rates are beyond our control. Banks are currently offering mortgage rates as low as 1.99%, which is an opportunity that doesn’t come around often. It makes sense to take out a mortgage now because when the economy turns around, it’s likely those rates will go back up again.
Lock in at a low rate now and choose a shorter amortization period so you can make the low rates work for you and pay your mortgage off sooner. Make sure to shop around because you want to get the lowest mortgage rate possible. The good news is that it has never been easier.
For more information about mortgages and interest rates, speak with your mortgage lender or alternatively, you can contact Avalon’s preferred mortgage advisor Justin Woods of The Mortgage Centre.
Tel: (403) 346-5410 Cell: (403) 872-0776
For more information about The Park at Garden Heights, please visit our 3 showhomes at 27 Gair Close.
Tel: (403) 588-2392
Monday – Wednesday: 12 – 5 pm
Thursday & Friday: Closed
Weekends & Holidays: 12 – 5 pm