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Exciting developments in the housing market 🏡 First-time buyers are seeing a decrease in mortgage rates, and major banks are predicting even lower rates ahead. This is fantastic news for those looking to buy their first home. With more affordable mortgage options, it's a great time to consider taking that leap. Let's talk about how we can help you achieve your homeownership goals. #realestate #londonrealestate #londonproperty #londonpropertymarket #london

Is It Time for Optimism in the Housing Market 💡🏠 Fellow professionals, have you caught wind of the recent developments in mortgage rates? Bellway's lead executive has expressed reasons for optimism as we see a much-needed dip in these rates. The housing market is often a tempestuous sea, but decreasing mortgage rates can signify calmer waters ahead for buyers and investors alike. What does this mean for the industry? For one, it could potentially bolster market activity, encouraging those previously deterred by high rates to finally dip their toes in. How do you perceive this reduction in mortgage rates affecting your sector of the industry? #HousingMarket #MortgageRates #RealEstateInvestment

Starting this December, the Canadian #government is expanding the 30-year mortgage amortization to include not just newly built homes but any home purchase by #firsttime buyers. This change will make monthly payments more manageable and #homeownership more accessible. Check out the full article to see all the changes: #MortgageRules #FinancialServices 📞 📧 Want to know more? I’m here to help!

Starting this December, the Canadian #government is expanding the 30-year mortgage amortization to include not just newly built homes but any home purchase by #firsttime buyers. This change will make monthly payments more manageable and #homeownership more accessible. Check out the full article to see all the changes: #MortgageRules #FinancialServices 📞 📧 Want to know more? I’m here to help!

Starting this December, the Canadian #government is expanding the 30-year mortgage amortization to include not just newly built homes but any home purchase by #firsttime buyers. This change will make monthly payments more manageable and #homeownership more accessible. Check out the full article to see all the changes: #MortgageRules #FinancialServices 📞 📧 Want to know more? I’m here to help!

Starting this December, the Canadian #government is expanding the 30-year mortgage amortization to include not just newly built homes but any home purchase by #firsttime buyers. This change will make monthly payments more manageable and #homeownership more accessible. Check out the full article to see all the changes: #MortgageRules #FinancialServices 📞 📧 Want to know more? I’m here to help!

Real estate experts predict that the newly announced changes to mortgage rules will likely boost demand in Canada’s housing market. The federal government plans to make 30-year mortgages available to first-time home buyers and those purchasing newly built homes. #realestate #CanadaHousing #MortgageRules #FirstTimeHomeBuyers #NewHomes #HousingMarket #BloombergNews #FederalGovernment #30YearMortgage https://lnkd.in/gwh_7fFV

Garringtons Market Review spreads some good news; mortgage rates have reduced, confidence is up post election, read all about it here; https://lnkd.in/e2hAZyrt #markettrends #marketreview #propertymarket #propertyfinders Garrington Property Finders

Posthaste: Mortgage delinquency rates in Ontario and B.C. soar as higher payments bite In Ontario and British Columbia, the country’s most expensive housing markets, delinquency rates soared by 135.2 per cent and 62 per cent, respectively, rising above pre-pandemic levels. #TriCitiesBCRealEstate #BCRealtor #RealEstateAgent #TriCitiesHomes #RoyalLePageEliteWest #TriCitiesBC #RealtorLife #HomeBuyers #HouseHunting #DreamHome #PropertyInvestment #RealEstateTips #HomeSweetHome #LuxuryRealEstate #TaraKennedyRealtor #TaraKennedyRealEstate #TaraKennedyTriCities #TaraKennedyRoyalLePage #TaraKennedyBCRealtor

FYI: The Canadian real estate market has just received a much-needed boost. With the new mortgage rules coming into effect on December 15th, 2024, borrowers are seeing a dramatic improvement in affordability. #mortgageaffordability #mortgagerulechanges #bocratedrop #joinusinnorthumberlandcounty #cobourgrealestate #porthoperealestate #paullangrealtor #coldwellbankerrmr https://lnkd.in/eZ3PQ9Jt