10/08/2026
WAITING TO BUY A HOME? YOU MAY WANT TO RETHINK THAT STRATEGY!
Fixed mortgage rates have been trending upward, and there is growing concern about where interest rates could be heading over the next 6 to 12 months.
With the possibility of further rate increases in October and January, now is a great time to speak with your mortgage professional about securing a rate hold before borrowing costs potentially climb higher.
And here's the other side of the equation... HOME PRICES ARE OFFERING SOME OF THE BEST BUYING OPPORTUNITIES WE'VE SEEN IN YEARS!
In Peterborough and the Kawarthas, buyers have opportunities to negotiate, include conditions, and take their time making informed decisions. That's a very different market from what we experienced just a few years ago!
Remember, you can potentially renegotiate your mortgage rate down the road, but you can't renegotiate the price you paid for your home.
The opportunity isn't just about the interest rate. It's about the combination of purchase price, financing, and negotiating power.
If buying a home is on your radar, let's have a conversation about what today's market could mean for you.
Your ,
Wade Hamblin