Covid is covid, and who knows when we will be back to normal (whatever that new normal will look like) when it comes to the real estate market and mortgage industry,
Covid has changed many things and it’s yet to be seen what post-Covid days will look like. We thought you’d appreciate our perspective on the inner workings of the mortgage world.
This is the million-dollar question.
With so much unknown in our economy and real estate markets, there is one sure thing – interest rates are on the move upwards. BUT, this is only fixed rates.
Our Barrie mortgage broker team often gets asked about home renovations and whether they are worth it. Unfortunately, not all renovations are a wise investment, and it can be a bit disappointing to do a revamp of your home just to discover that it didn’t do much for the home’s market value. So, before you start making those major changes, let’s look at the home renovations that actually can make a difference.