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How Important is getting a Best Rate Mortgage to you ?

 Mortgage Tips  No Responses »
Jan 272012
 

“I want the best mortgage rate, what kind of rates can you offer me ?”  Sounds familiar ? While it is always good to get a mortgage with the lowest interest rate, but besides the rates, have you looked at the terms attached to the supposedly “best mortgage” ? Does it include the following ? [...>Click Here For More<...]

 Posted by Tony Chau at 1:47 pm  Tagged with: , , , , , ,

Interest Rate Update

 Market News, Mortgages  No Responses »
Jan 262012
 

The U.S. Federal Reserve announced today they are unlikely to raise their benchmark interest rate before late 2014, instead of by mid 2013 as previously announced. What do this mean to us Canadians, and how will this affect our mortgage rates ? The Bank of Canada most likely will not raise our interest rate at [...>Click Here For More<...]

 Posted by Tony Chau at 12:50 am  Tagged with: ,

Home Inspection ?

 Real Estate Tips  No Responses »
Sep 232011
 

Do you really need to have a home inspection done on the house before purchasing it ? Yes, have a home inspection done before finallizing your home purchase deal with the seller is strongly recommended. “Spot a lemon before you actually buy it !” This is especially important when you are buying a resale home. [...>Click Here For More<...]

 Posted by Tony Chau at 1:19 pm  Tagged with: , ,

Will The Current Market Turnmoil Affect House Prices ?

 Uncategorized  1 Response »
Aug 102011
 

With all that stock market turmoil that started since August 8, 2011, do you think house prices in the Greater Toronto Area will be affected ? Its been announced in the news (from theglobeandmail.com “Fed Promises Two Years Of Low Rates” the U.S. Federal Reserve will keep their interest rates low till sometime in 2013. This [...>Click Here For More<...]

 Posted by Tony Chau at 12:03 pm  Tagged with: , ,

Things That Might Affect Your Mortgage Application

 Mortgage Tips  No Responses »
Jul 272011
 

The Appraisal Of The Property Comes Up Short This is especially true in a hot real estate market situation where there are “bidding” wars going on.  Sometimes the overeager buyer wants that particular property so desperately that they are willing to pay a grossly inflated price to get that property. Lenders appraise the value of the [...>Click Here For More<...]

 Posted by Tony Chau at 8:56 pm  Tagged with: ,
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