It's not just about location, location, location. It's also timing, timing, timing.
With the recent increase in the Bank of Canada’s interest rate (the first one in 7 years), banks have followed with an increase to their prime rates. How does this impact real estate? Well, mainly through mortgages. But this could help cool down the housing market, too. And with rumours flying about another possible hike in the fall, now is the time to find your dream home and lock in that mortgage.
Avoid bidding wars, and get the home of your dreams. MAC Real Estate Services can help you find your next home. Contact MAC Real Estate Services today: 416-222-0025.
It’s not business, it’s personal.