Happy New Year 2012


Welcome to 2012. Are you ready for all the real estate opportunities the New Year will bring?

The Canadian Real Estate Association (CREA) remains positive about housing in our country, leading many homeowners to consider moving, refinancing or even investing in a second property.

"Canada's housing market remains stable amid continuing financial market volatility, contributing to Canadian's confidence in the economy and providing support for Canadian economic growth," said Gregory Klump, CREA Chief Economist. "Interest rates are expected to remain low for longer, and evidence suggests that recent changes to mortgage regulations are preventing the kind of excesses they were designed to avert. Both of these developments are good news for the housing market."

CREA President Gary Morse supports Klump's views, adding, "The Canadian housing market remains a bright spot against a backdrop of mixed headline news about the global economy. Low mortgage rates continue to draw buyers to the housing market, while recently tightened mortgage regulations are working as intended.

If you have questions about financing real estate in 2012, remember that a qualified mortgage broker is skilled in finding the right funding for clients, educated in all the regulations surrounding those dealings, licensed and committed to ensuring that the smoothest, most competent financial transactions transpire on your behalf, saving you time, money and frustration.

Whether you're looking for a new mortgage, have questions on your existing mortgage, or just need an update on today's market and the latest trends in real estate financing, please remember you're welcome to call at any time for a no-obligation discussion.