This year would be very satisfying

for all the homeowners as the

housing market will observe a

tremendous increase in the number

of potential buyers.

Call us on 1-866-422-6536

http://www.canadalend.com/Services.aspx

Let us have a look at the mortgage

trends for the year 2013:

Experts say that there would be

rise in the home prices. This is

good news for all the

homeowners as they will regain

equity in their homes and thus

will get an opportunity to

refinance their home loans and

cash out some of the equity.

Finance and economical experts

have also predicted that

borrowers looking for low-

payments mortgages might be

charged with mortgage

insurance for the entire life of

the loan as a result of the FHA

loans losing their appeal once

again.

If you are planning to buy a

home this year, be ready for

tough competition, since the

supply of homes for sale is

less than the demand of

buyers leading to

discrepancy between the

demand and supply of

homes.

Therefore, it is recommended

to keep options ready if you

are really looking forward to

buy a home in couple of

months. If you are a first time

buyer, make sure that you do a

complete homework about the

market conditions and only

then move ahead with your

buying.

Though the market is

turning in favor of the

home-sellers, the

homebuyers need not

worry as the home prices

are still very attractive.

Contact Us

Park Place Corporate

Centre

15 Wertheim Court, Suite

611 ,Richmond Hill, ON

L4B 3H7

http://www.canadalend.com