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IK Financial

Real Estate on Fire and Rate May Increase Any Time Soon

As we all see, 2021 started with a high demand for housing and low inventory on the market. When we see a growing market coupled with shrinking supply, prices naturally go up. Historically low-Interest Rates offered by lenders in Canada help to increase the demand. All of those happening despite all the difficulties we are facing nowadays, such as lockdowns and high unemployment.

The Time Has Come!

Our Mortgage Agents were anticipating this - Rates are might be on the RISE soon.

We have seen communication from some of our lenders announcing these changes for upcoming weeks. We would like to inform all Real Estate professionals and Clients, who are looking to purchase a new property or to refinance their current mortgage.

  • Consider Taking Mortgage Now

If you have a Dream Home in mind you are thinking to purchase - start your mortgage process as soon as possible. 

  • Refinance Your Current Mortgage

If you have a mortgage and the maturity date is coming due - consider starting the refinance process now. We will go through your financial health and will advise on the best mortgage solution for your situation.

  • Revise Current Terms and Potentially Fix Your Rates

Is your term not close to the end yet? No worries, quickly evaluate yourself:

  • Have you recently received a raise that can be applied to your mortgage payment?
  • Did you receive a tax return that can be applied to your mortgage?
  • Do you need to consolidate outside debt to improve your cash flow?
  • Can you afford $100 more a month in mortgage payments?

Whether Your answer is “YES” or “NO,” contact IK Financial today. Inna and Katerina will evaluate and offer solutions for each and every case.

or all inquires contact our Mortgage Agents:

At IK Financial, we are committed to continuing to provide You with the highest level of professionalism and customer satisfaction possible. Should You have any questions or require any information, please feel free to reach out via email or schedule a call with us at any time.

Inna Bogdanov 416.268.0004 | Inna@ikfinancial.com
Katerina Markevich 416.388.8153 | Katerina@ikfinancial.com