Hey You! Are You Worried About Interest Rates?

Things are looking up and rates are coming down! 

The Bank of Canada may not have lowered their overnight rate today, however, they did offer some good news, signaling that rate drops could start as early as April or June.  We have also seen a steady decline in fixed interest rates, a trend we expect to continue throughout 2024.  If you are worried about interest rates and would like to discuss options, we are always to help!

In other good news, if you, or someone you love, is over 55 years of age, we can explore doing a CHIP Reverse Mortgage to eliminate mortgage and debt payments all together.  With rates lower than most HELOCs, personal loans and Credit Cards, a CHIP mortgage could bring financial comfort to older Canadians looking to remain in their homes when retirement reduces their income.  Many of our clients are absolutely thrilled with their CHIP Reverse Mortgage, and you could be too.  Contact us to today for more information.