- Centum LaBuick is offering a 50-year mortgage! The last couple of years have seen the introduction of 30-, 35- and 40-year amortizations, and while you pay a higher CMHC premium on these, it keeps your monthly payments lower and you can afford more house than you would get with a standard 25.
- It may soon be standard practice to register at open houses, due to recent theft issues reported in the Kingston area. If you're concerned about the information being used, the OREA standard 'open house guest registration' form has an option to check off that says you wish to not be contacted further.
Realtors will be looking at more ways of protecting ourselves, and our clients, following this disturbing event in Victoria on the weekend.
- Prices still going up? Royal LePage thinks we'll see a 3.5% increase in prices this year. 2007 is widely considered to be a banner year for real estate in terms of selling prices, so having a more moderate and steady 2008 is not really a bad thing.
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