For anyone waiting to see what the market is going to do before making the decision to purchase, this article may offer some perspective.
http://www.thestar.com/article/634381
From a mortgage professionals standpoint the combination of low interest rates, mixed with affordability and increased supply makes the present a great time for first time buyers to enter the market. The barriers of inflated housing values and expensive mortgages have all but been dissolved in the turbulent economy presenting a great opportunity for many.
Thursday, May 14, 2009
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