Sentences with phrase «potential mortgage rate increase»

Earlier this year, the Bank of Canada (BoC) raised its growth outlook with a forecasted interest rate hike in the latter half of 2017; however, Trump's win may help suppress any potential mortgage rate increase that was on the horizon.

For anyone buying a home, Trump's win may help suppress any potential mortgage rate increase that was on the horizon.

Ask if you can lock in some or all of your line of credit to a fixed rate at current mortgage rates rather than wait for a potential mortgage rate increase in 2014.

Not exact matches

Investments in asset backed and mortgage backed securities are subject to prepayment risk which can limit the potential for gain during a declining interest rate environment and increases the potential for loss in a rising interest rate environment.

Investments in mortgage - backed securities are subject to prepayment risk, which can limit the potential for gain during a declining interest rate environment and increase the potential for loss in a rising interest rate environment.

Rising mortgage rates have been a reality for the past few months, and the increases have some potential homebuyers worrying about affordability.

The recent decreases in sales of new and existing homes, as well as the potential decline in future existing home sales may partially reflect the increase in mortgage rates.

Rising interest rates also have the potential to increase a bank's defaults as holders of adjustable rate mortgages find themselves unable to meet their obligations.

Leaning towards a variable rate mortgage, but want to get an idea of how potential interest rate increases would impact your payments and final balance at the end of the term?

Lower mortgage rates bring new chances for homeowners to refinance, while also allowing potential homebuyers to qualify for larger mortgage loans without increasing their monthly payment.

Having recently opened accounts or many different inquires about your credit score can greatly increase your potential interest rates and occasionally prevent you from getting a mortgage at all.

However, best rate mortgage hunters are now being advised to consider fixed rates in response to potential rate increases.

You have a potential of saving on your Fixed Mortgage Rate Canada, and your decision to go for it will depend largely on the loan term, the current rate of interest, and the chances of the rate of interest on mortgages increasing or decreasing during the lifetime of your mMortgage Rate Canada, and your decision to go for it will depend largely on the loan term, the current rate of interest, and the chances of the rate of interest on mortgages increasing or decreasing during the lifetime of your mortgRate Canada, and your decision to go for it will depend largely on the loan term, the current rate of interest, and the chances of the rate of interest on mortgages increasing or decreasing during the lifetime of your mortgrate of interest, and the chances of the rate of interest on mortgages increasing or decreasing during the lifetime of your mortgrate of interest on mortgages increasing or decreasing during the lifetime of your mortgagemortgage.

This was confirmed by Laura Parsons, mortgage expert of Bank of Montreal, that mortgage rate hikes are definitely on the minds of home buyers as they are now looking for alternate channels to ensure that the increase in the mortgage rates will be manageable for them.Therefore, it is necessary for every potential buyer to stress test their mortgage plan before opting for it.

As such, Canadian mortgage borrowers are also capable of handling potential increases in their rates.

He urged potential buyers to improve their credit scores so they can qualify for mortgages before rates increase.

Investments in asset backed and mortgage backed securities are subject to prepayment risk which can limit the potential for gain during a declining interest rate environment and increases the potential for loss in a rising interest rate environment.

• Prepare documents such as representation contracts, purchase agreements, closing statements, leases, and deeds • Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting based on current market conditions • Conduct quarterly seminars and training sessions for sales agents to improve sales techniques • Advise sellers on how to make homes more appealing to potential buyers increasing average selling prices by 16 % from initial appraisals • Evaluate mortgage options helping clients obtain financing at the best rates and terms

We believe there is a potential risk of additional home price declines in 2010, if the government stimulus assistance is withdrawn and mortgage rates increase substantially.

«Increasing mortgages rates have the potential to further dent affordability in markets where supply struggles to recover to more balanced levels,» said Yun.

In April 2013, mortgage interest rates began to increase significantly, making potential mortgage payments more expensive for home buyers.

CIMBL's research shows that current mortgage holders have a surprisingly high tolerance for potential interest rate increases, says the association.

New homebuyers and potential buyers were asked: «If you have a $ 150,000 mortgage and the interest rate increases from five per cent to six per cent, approximately how much more would you pay over the next ten years?»

The recent decreases in sales of new and existing homes, as well as the potential decline in future existing home sales may partially reflect the increase in mortgage rates.

With a highly speculated federal funds rate increase in December, many potential homebuyers have expressed concern about the potential of rising mortgage rates.

Some potential buyers may be accelerating their home purchases to get ahead of any further increases in mortgage rates.

However, while higher rates do mean an increase in monthly mortgage payments, experts are urging potential home buyers not to resign themselves to renting for the next few years just yet — it's still a good time to buy a home.

Essentially what this means is that the buyer must qualify for a mortgage as calculated on the current interest rate as well as a potential increase in the interest rate of around 2 extra points.

«Our latest refinance report shows the refinance boom continued to wind down as the pool of potential borrowers declined and as mortgage rates increased during the second half of 2013,» says Frank Nothaft, Freddie Mac vice president and chief economist.