Take advantage of lower mortgage rates
Make sure you don’t miss out on taking advantage on low mortgage rate. After having evaluated you finances, now’s may be the time to make one of these key decisions.
Buying you first home
First time homebuyers often face multiple expenses: furniture, renovations and adjusting to homeownership. The lower the interest rates on your mortgage, the lower your monthly payments.
Upgrading your home
If you own a home, it has likely gained in equity over the last few years. You and your family have also likely outgrown your home as well. It may be the time for you to upgrade to a newer or larger home with the help of the equity in your present home and lower interest rates.
Investing in real estate
Real estate over the years has proven to be a solid investment option. Borrowing money to invest in an income-generating property is now cheaper than ever. The money you borrow will work best for you invested in rental properties. At lower interest rates, you will be able to pay down mortgage on the investment property faster and will have a constant income for you.