Barrie Mortgage Blog
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First Time Home Buyers-Dreaming of a Home?
May 9, 2017 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
Dreaming of home? First-time buyers shouldn’t worry.
Talk about mixed messages. There's concern that housing prices and new mortgage rules might push first-time homebuyers out of the market. But mortgages are still an amazing bargain – historically speaking. In fact, some are calling it the great Canadian mortgage sale. So what's a first-time homebuyer to do? Is buying a home right now a reckless risk... or a great, time-limited opportunity?
Home ownership can make great financial sense. Over the long term, residential real estate has been a very strong asset – showing excellent appreciation. Renters who add up what they've shelled out during their renting years are often shocked to see how much mortgage help they've given their landlord. Most would prefer to have that money build their own home equity.
If you're dreaming of a home of your own, then there's good news. Getting into today's housing market isn't out of the question if you do some good common-sense planning, and that’s where we come in. We can help you build that plan and ensure you get off on the right foot in your home buying journey!
Should I just go to my Bank?
When you're dealing directly with your Bank, you just don't know if you're getting the best deal because they only have their own menu of products to offer you. We have long-lasting relationships with over 50 lenders, including major banks, credit unions, trust companies and other national lenders. We also have access to many regional and private lenders that greatly expand our ability to find you the best customized mortgage solution. More Canadians are in fact looking at our non-traditional lenders, those not federally regulated, because of stringent new mortgage rules. Your Bank will give you a mortgage from their limited offerings; we give you expert mortgage advice so you get the best lender and mortgage for your situation, now and throughout your mortgage years.
Please give me a call at 1-866-449-2453 and I am sure I can help you find the best solution for your needs as a First Time Home Buyer