Is your family looking for a dream home? Now is the time to look into buying, if you are in the market for it. Across the country home prices are beginning to come down but the cost of a mortgage is starting to rise – buying conditions won’t get any better than they are now.
When you apply for a mortgage in the traditional sense, you are required to do a lot of back and forth negotiations with a lender. The process is very tedious and in some cases can cost you more money than is necessary because lenders like to dictate what they think is an affordable mortgage plan for you. Thankfully, the internet revolution has changed how things are done, including in the personal financial market.
There are now online comparison websites such as LowestRates.ca, where you can compare low mortgage rates from some of the country’s most qualified and in many cases, lesser known lenders. These resources reduce the amount of time you spend in the mortgage acquisition process because you calculate all the costs from in front of your own computer. This way, you don’t have to take time out of your days to haggle with lenders, and you can find the lowest possible mortgage rate to help you save as much as you can while purchasing that dream home.
Monthly mortgage payments are expensive after all, and any amount of cash you can save or acquire to make the expense easier is worth it. In fact that is one of the main reasons for the LowestRates.ca ‘My Lucky Valentine Giveaway’ promotion. During the month of February, anyone who applies for a mortgage will automatically be entered into a draw for a cash prize of up to $300. You can increase your chances of winning by asking friends to fill out an application as well because for every person you refer to the site, you receive an extra entry into the draw.
Is it time to find your dream home? Start looking now and you can take advantage of cost saving opportunities.
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