With Summer (finally) upon us – the real estate world slows down a touch. Everyone is packing up and heading to the lake, the mountains or on their annual family vacation.
It is absolutely normal to see Real Estate sales Slow down in July and August for these reasons alone.
Our summer is short and everyone’s entire focus is on enjoying the sunshine and their vacation time.
As your Saskatoon Mortgage Broker I can pre-approve your mortgage application and RATE HOLD You for 120 days (4 months)
**that locks your rates into November 2014 already! This allows you to lock in these amazing Summer time rates.
You can start shopping for the perfect home once things settle down- even waiting until the rush of back to school is complete!
Fall is a very (very) busy time in the Real estate world.
Most professionals in this industry will tell you that Fall can be as busy as the Spring months and sometimes even busier.
Most people work hard towards getting into homes before the snow flies and everyone wants to be settled long before Christmas.
Locking in a 5 year fixed at 2.99% today allows you the flexibility to take your time and find the perfect home. Should rates go up - your rate is safe until your rate hold expires. If rates go down we will lower the rate. It’s that simple! Visit my website today at www.elitemortgagechoice.com and APPLY online. Or call my office at 306.933.3386
I can work behind the scenes as you are enjoying the sun and sand of summer.
Did you know:
Many lenders are changing their advertising this summer to reflect “Cash backs”. I have seen ads showing “Cash back” up to $15,000.00. These mortgage products are available through the Mortgage Broker channel as well. Rates will always be higher with a Cash back mortgage; because the reality is that lender has to find a way to earn that money back with interest. You are paying long term for that cash, it is not free money.
Through the Broker channel the Cash Back mortgages are going to have better rates than the Local lender. **But the rates will still be higher than the lowest advertised rate. Call me today for more info if a Cash back mortgage is something that you are interested in
Did you know:
Many lenders are advertising that they will pay the fees and penalties to renew your mortgage. If your renewal is coming due there is never a penalty to move to another lender. Renewal time is a perfect time to consider what other lenders have to offer with both rate and product. There is no cost to moving from one lender to another at renewal time. No legal fees and no cost.
Is your Mortgage Renewal coming due? Call me today!
The key is to review the information and determine what options are available on the market for you
Did you know:
As your Saskatoon Mortgage Broker I work for you not the Bank. We have very strong relationships with all of our lenders and Banks. This allows us to be experts in everything mortgage related. Offer you the best rates, the best products, and the fastest turn around time and service. But at the end of the day our main objective is ensuring the client is getting the best product. We work for you and with you today and for the life of your mortgage to ensure that you are mortgage free sooner than later all while meeting your other financial goals.
Have a GREAT Summer and do not hesitate to contact me with any questions