September 2012

Summer is officially over and it seems fall really is upon us!  Well, I guess we can't complain...we've had gorgeous weather this month.  With summer holidays over, is it time for a renovation?  Want to do it on a budget to increase your resale value?  Watch this video for quick tips & suggestions.  Do you have an investment property, or thinking of purchasing one?  Watch this video for quick tips on making the most of your cash flow.  With Canada's housing market ranked one of the best in world, according to the Global Property Guide, now is the time to stop renting and start thinking about making the move to home equity.  When you are ready to start the process of buying, or if you are not sure if the timing is right, CMHC has a great website with a lot of good information on helping you decide if the time is right, and what the next step is during the buying process.  With the Bank of Canada's announcement earlier in the month to keep it's rate steady at 1%, rates remain at an all time low, so the good news continues for buyers wanting to capitalize on locking in a low rate.  If you are already an owner and are locked in to a mortgage over 4%, I hear from mortgage brokers that you may be better off breaking your mortgage and securing a lower rate.  Call your mortgage broker for details if you think this may benefit you.