Are you feeling like you’re on a roller coaster ride with the recent fluctuations in interest rates? You’re not alone! Here are some tips to help you stay on top of rates without breaking a sweat:
✔️ Stay informed: Knowledge is power. Regularly check reputable financial news sources or sign up for updates from your mortgage provider.
✔️ Understand what affects rates: Inflation, unemployment rates, and the housing market can all impact interest rates. The more you understand these elements, the better you can predict future movements.
✔️Consult with professionals: Financial advisors and real estate agents keep their fingers on the pulse of interest rates. Don’t hesitate to reach out for their expert advice.
✔️ Consider fixed-rate mortgages: If the uncertainty is too much, a fixed-rate mortgage could be a good option. It’ll give you a set rate for a specific period, removing the worry of fluctuations.
✔️ Be patient: Interest rates go up and down. Don’t try to time the market perfectly – it’s about making the best decision with the information available to you.
I'd love the opportunity to work with you! Call or email me today!
Gary 'Mr. Action' Fayerman
Your Calgary REALTOR®
Your Trusted Partner in Real Estate. Contact me at 403-620-2800 for all your property needs.