May 26, 2021 |
The interest rate for both high-ratio mortgages (less than 20% down payment) or non-insured mortgages (20% or more down payment) will find the interest rate raised to 5.25%.
May 19, 2021 |
Considerably less new listings and less sales are continuing the sellers market we've become accustomed to in the last several months.
May 12, 2021 |
Although sales have increased week over week, it's showing a decrease in incoming inventory. With less inventory, this increases competition on existing properties which could potentially put us back into multiple offer situations and higher offers.
May 5, 2021 |
April has come and gone and with it another record-breaking month. However, as the market is still surging, we are seeing a decrease in the multiple offers, overpriced purchases and low inventory.