Whether you're considering becoming a Homeowner or are already a proud Homeowner, there are plenty of opportunities to save money and secure a mortgage rate that is best for your unique situation.
1. Consider purchasing a Home
While you're on the hunt for your perfect Home, here are some tidbits of information that will maximize your ability to land the best available rate.
a) Plan to buy in the early fall season. This is considered the best time to purchase because the number of buyers usually decrease in the month of September thus you have more bargaining power with the Home purchase price and with your rate.
b) Ask HomeHow about the RRSP Home Buyers' Plan. This government devised program allows first time Home buyers access to tax-free dollars straight out of their RRSP. For more detailed information, click on the link above!
c) Ask us about our First Time Home Buyer Assistance Program. We have dedicated an entire page on our website to first time Home buyers. This page is full of valuable (free!) information that will guide new Homebuyers in the right direction. There is also an option to email, text or call for a consultation with one of our mortgage specialists.
2. Already own a Home? Not too worry!
If you are already a Home owner and have secured a decent rate, you have the ability to put your money towards the following opportunities.
a) Settling ongoing debt (student loans, lines of credit, car payments, etc.)
b) Diving into real estate investments; basically when your interest rate is low, the costs of investments will also be low.
c) Finance your personal ventures (starting a small business, post-secondary, Master's program, international travel, etc.)
d) Finance your current home value with modern renovations (floor replacement, adding stone/brick detailing, new windows/doors, etc.)
e) Lower your mortgage payments, you deserve it!
Talk to HomeHow if you think you belong to one of the two categories. We will work cooperatively with you to help reach your goals.
Please feel free to contact us through email, phone or text with any questions or concerns.