First Time Buyer E-book- Download it for Free!

First Time Buyer E-book. Get a free comprehensive guide to buying your first home! Understand the terminology of Real Estate and Mortgages. Buy your first home with the knowledge of a seasoned homeowner!

At Mortgage Intelligence we pride ourselves in providing not just mortgages, but an understanding of what it takes to get the right mortgage and how to save thousands once you have one. First Tiem Buyers can staill buy with Zero Down if they have good credit and a stable income. Cash Back Mortgages are designed to provide a down payment when buying your first home. Ask us about using your RRSP as a down payment and get 15 years to repay it.

Our team is dedicated to eliminating your stress and doing all the rate shopping for you. The Power of Mortgage Intelligence means you'll get the most competitive rates and the widest choice of mortgage types with one click of the mouse! Apply today! Get pre-approved and buy your dream home tomorrow! 44% of First Time Buyers use Mortgage Brokers!

Home

It's Business as Usual!

Subject:

Send date:

2010-02-18 17:57:34

Issue #:

Content:



	The changes that Jim Flaherty announced this week, make a difference in lending guidelines, but more to investors than to those buying a home for their family. The increased qualifying rules will not shut people out of home ownership and the ceiling on refinance will assure that there is always equity in a home. The biggest impact will be on the investment market in the GTA where speculators often buy numerous Condo units as soon as they are released for sale, thus driving up the values. Investment buying will now require 20% as a down payment. Most of the investors we deal with avoid CMHC fees so they were already buying with 20% down. Read more: http://budurl.com/gq6x Rates are holding steady with no changes expected in the near future even though inflation is creeping upward. Home sales continue to be very strong with multiple offers being the order of the day. This would be a great time to sell a home if that is part of the plan for your household. Market times are very short as is supply, so homes sell quickly! WEEKLY E-RATES CLICK HERE Elfie Hayes Lowrate.ca Your Subscription:

** Interest Rates are provided for information purposes only and are subject to change at any time without notice. The products listed above are available only in Canada to Canadian residents. Rates shown are for single-family residential properties only and are subject to meeting all lender credit granting criteria. Rates shown above may be specific to the sender and some conditions may apply. E&EO Mortgage Agent Lic # M08001377* Mortgage Brokerage Lic # MI10428 * The information and opinions contained in this document are obtained from various sources and believed to be reliable, but their accuracy cannot be guaranteed. The publisher assumes no responsibility for errors and omission, or for damages resulting from using the published information and opinions. This document is provided with the understanding that it does not render legal, accounting, or other professional advice. Whole or partial reproduction is forbidden without written permission.