MORTGAGE Blog & ARTICLES

+1 888 882 0786

Personal Finances and Houses Prices

Personal-Finance

There is a seen increase in the confidence of customers about house prices and finances. Aside from the increase of personal finances there is also an increase to the economy as well as to the price of real estate. This is big news especially for those who are still looking for their property.

 

There is expectations form people of Canada that there will be the increase of house prices. Because of that, real estate owners or sellers are very innovative in improving what they can offer for the customer.  There is also optimism about the job security and into the personal finances and some factors that are considered to be the reason why are for the concerns of the consumer. It is because the index has fallen to 57.4 and where the month average is about for 58. 8. The Sub index for real estate prices have also showed a better sentiment especially for the homeowner, are having the belief that house prices for the following six moth will surely increase up to 38. 4 this is from 37. 2 earlier and even when it is still below average of the 40.3 f this year.  There is an increased positivity that they are going to have a better off this year than the last year.

 

But even if there is an increase with the personal finances and to the house prices, there are still some of concerns such as for the security aspect. Even if Canada has its good news for personal finances and home prices, the economy should still strive harder as the exports and the interest are still considered as low.

 

Share Button

Mortgage Rates
STOP! Before you apply for a mortgage through your bank, make sure you are getting the best rate! Compare the best mortgage rates in Canada right now. It will take only a minute, but you will be surprised just how much you can save! We at Resourceful Capital Financial Corporation source our rates from all financial institutions, not just the one's that deal with us. To make sure you make a sound and prudent financial decision and get the best possible mortgage.
BEST MORTGAGE RATES
Refinance Calculator
Resourceful Capital Financial Corporation's refinancing calculator will help you decide whether to refinance your existing mortgage at a lower interest rate.
REFINANCE CALCULATOR