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Renata & Ziggy Trawinski
IQ Real Estate
Buying & Selling, Calgary, Alberta
P: 403-208-2368
F: 403-776-6075
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Monday, February 6, 2012 - Buy now or Wait?

Even a slight increase in mortgage interest rates can offset a significant drop in home prices. There is little to gain and much to loose by waiting to buy in the current Calgary's real estate market where home prices rebound and interest rates are at their historical low. Many clients ask if they should wait or buy now? Consider the following scenario assuming the prices go down (not likely) and interest rates go up (likely): Buy now scenario: Home price $350,000 Interest rate 3% Monthly ...

posted in Real Estate News at Mon, 06 Feb 2012 11:49:34 -0700



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