As home buyers keep hearing about the “credit crunch” and doom and gloom, they wonder if they will ever be able to realize their dream of home ownership.

I guess it depends how you look at life, is the glass half empty or half full. I personally believe there is a wonderful opportunity, right now. Interest rates are at an all time low, plus there are tremendous “bargains” in the real estate market.

A little over a year ago we were paying 5.79% for a 5 year fixed rate. Today at a rate of 5.79% some financial institutions will give you 5% cash back that can be used as your down payment.

If you would like to find out about this program and many others please feel free to post a question or contact us www.designermortgages.ca