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Housing Comparisons for February

Feb Housing Comparisons Infographic

When comparing February 2013 to February 2014 house resale values, Saskatoon had the 3rd largest growth. The price increase was $37,306. As a result of these higher prices, the monthly mortgage payment increased by $163.13, this is based on a 5 year variable rate of 2.50%, a 25 year amortization and a 5% down payment. Is now the time for you to purchase or refinance?

Elise Hildebrandt, AMP, Mortgage Associate, Lic# 316103 at The Mortgage Centre, Saskatoon Brokerage Lic# 315847. Elise has been in the financial industry for 16 years. Contact her at: elise@mortgagecentre.com or @ www.elisehildebrandt.ca

House values sourced from Canadian Real Estate Associate.

   

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