Due to interest rates being at record low levels, there has been an influx of buyers entering the market who, when their mortgage is up for renewal, may be in a lot of trouble once rates have returned to normal levels. No one wants to be in a situation where your mortgage payment shoots up by $500 from one month to the next. Of course, your income will likely be higher, but you’ll also have more expenses & debts. It’s important for you to consider not just what interest rates are doing now, but where they’ll be in the future.
The Inflation Hedge strategy is our most successful program. Clients are blown away with how much money can be saved simply by adjusting their mortgage annually for inflation. Not only will you be prepared for the increase in rates, but you’ll pay down your principle quicker & save thousands in interest costs. The results can be tremendous.
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