Market Food for Thought:

Hello there, Marvin Gardens here with a little market "food for thought".

The interest rates are increasing and projected to continue too do so. Right now the Bank Prime is set at 2.75%. Although it is true that as rates go up, prices may come down a bit. The only question is, will the price reduction cover the extra expense from the higher rate? Only time can tell, but if your looking to keep your rate down I am sure I can find a home suited to fit your needs!

Marvin Barclay
Century 21 In Town Realty
www.vanvistahomes.com
Office (604)685-5951

 

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