Edmonton Real Estate: Homeowners Taking Advantage of Low Rates

By Mark Walker · Thursday, March 25, 2010

The latest headlines that I have read show that, when it comes to Edmonton real estate, homeowners are taking advantage of low interest rates and paying down their mortgages.  The current low rates won’t last forever and have Edmonton home owners expecting a rise.  Data shows that a large number of homeowners across Canada have paid down their principals to prepare for higher rates.

The expectant rate increase has current and potential Edmonton homeowners nervous.  Of course anyone who is thinking about purchasing Edmonton real estate would rather lock in at a low rate and the mere thought of interest rates rising will make some potential buyers jump into a new home before it gets more expensive.

If you would like to learn more about the Edmonton real estate market contact me, Mark Walker, today.  I have the experience and knowledge that you need to understand Edmonton real estate and can help fill you in on what is happening right now.

Click here to read an interesting article in the Edmonton Sun regarding mortgage rates and how they are affecting Canadian homeowners and potential Edmonton home buyers.

Contact me, Mark Walker, for an informed education on Edmonton real estate.  Whether you want to buy or sell I can help get the deal done.  I have access to all available Edmonton real estate listings.

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