After an up and down 2009, it looks like 2010 will be starting off with rising interest rates. With the economy appearing to have begun recovering, fixed mortgage interest rates are now expected to move upwards in an attempt to combat rising inflation. As interest rates rise and property values increase, it may become increasingly difficult for prospective home buyers to qualify for mortgage financing. It may be a good idea at this time to contact a qualified mortgage professional now and secure a mortgage rate if you are looking a purchasing a home sometime in the first quarter of 2010.
For more information about interest rates, and to secure a rate hold call one of the qualifed Mortgage Associates at Alberta Mortgage @ 780-479-2222 or visit http://www.albertamortgagecentre.com.
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My husband and I are still optimistic that we'll get to secure a mortgage that's not very difficult to repay. We've got a mortgage broker (Alberta) who's been helping us shop for the best mortgage deals, and we're confident that we'll be getting a very attractive mortgage deal, soon.
His Calgary mortgage company is always keeping us updated and is always helping us make best decisions throughout the whole process.
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