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Take advantage of todays interest rates to buy a house in Calgary

November 27th, 2011 . by admin

I was talking to a mortgage broker the other day and he told me that right now you can get some fantastic deals on five year fixed mortgages. If you can complete the deal by the middle of December, you can get 2.99% over five years. That is incredible.  If you are looking for houses for sale in Calgary call your favorite realtor and get out there to see what you can find. Rates cannot get any lower than this. Although they have been saying for a few years now that rates will go up soon, I don’t think they can. If rates went up even a couple of percentage points, there would be a lot of foreclosures in Calgary from people that have to renew at a higher rate and will not be able to afford it.

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