The Canadian Real Estate Association (CREA) has revised its forecast for home sales activity via the Multiple Listing Service ® for 2011 and 2012, and the outlook is positive!

Overall, sales activity and prices have come in stronger than expected this year. In fact, instead of its original prediction that sales would decline by about one percent in 2011, CREA is now forecasting a slight rise in national sales activity, to 450,800 units by the end of 2011.

With mortgage rates lower than they have been in decades, many people are viewing this as the perfect time to buy real estate, or to refinance the property they already own. Whether you or your friends or family are looking to buy a first home or a second (vacation or retirement) property; if you're considering upsizing or downsizing from your existing home; or even if you simply want to know if you can save on your monthly mortgage obligation through refinancing, you'll want the most current information available. Please remember that the latest rates and information are just a phone call away.

Contact The Financial Forum today to find out of you can save on a new loan, or if you can reduce your borrowing costs by refinancing an existing mortgage. If you have some equity in your home, have a good credit rating and a steady income, you may be surprised at what is available to you.