Summer is Coming...at some point!
It looks like the nice, sunny weather is finally coming. I heard this past week that Environment Canada is predicting a hot,dry summer...we'll see!
The World Cup is well underway and I hope that your favourite team is now advancing to the Second Round. There is a great interactive website at www.marca.com/deporte/futbol/mundial/sudafrica-2010/calendario-english.html to follow your team and all of the action.
There is a new Calgary website called Live In Calgary. it has some great information on schools, recreation and lots of other things for Calgary.
Questions about Mortgages?
Whether you are a first time home buyer, or considering the purchase of your dream home, no matter what your circumstance, you can still purchase with 5% down payment.
If you are buying a principal residence, and/or a second home, qualifying rates are as low as 4.19% (OAC) if you choose a mortgage term of 5 years or longer.
The requirement for the 20% down payment is only for investors purchasing rental/investment properties.
Under special circumstances, some buyers can still qualify for zero percent down payment, although it is uncertain how long this will be available.
For further clarification, and/or information, please feel free to contact me, or your mortgage specialist and consultant.