Lowest rates in your life time.

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Blog by Ottawa Real Estate | Ottawa Homes for Sale | Ottawa Relocation | September 3rd, 2010

Lowest interest rates in your life time.

We just finished a strong selling month in August and the trend continues again for the opening week of September. Prime mortgage rates are still very attractive and inexpensive. The current rate of 2.75% compared to 2007 at 6%, 2000 at 7.5% and the average 10 year rate of 4.81%. Borrowing money today is very affordable.

If you are thinking of purchasing your next home, the fall is a great time of year. As soon as the Labour Day Weekend is over, people start to “cocoon” again. Settling in for the winter is a natural occurrence. The focus on real estate will increase over the next 95 days and the closing periods are relatively short during the fall time period. There is lots of time left to buy and sell.  

Take advantage of the lowest interest rates in our life time. Make your investment in real estate and enjoy your new “castle” in the months to come. Call the Hamre Team at RE/MAX today to setup an appointment to make sure that you come out ahead in your real estate choices.

Our direct phone# 613-841-2111 or email hamre@hamre.ca