at 220-530 Kenaston Blvd, Winnipeg, R3N 1Z4
Ideal Rate * Service * Advice
Whether you are a first time home buyer, refinancing your home, or looking to renew, my focus is to educate you on your options and secure the very best mortgage rates and terms available in the industry, all at no cost to you!
252 FB users likes Chad E. Wilson AMP, Ideal Mortgage Solutions, set it to 7 position in Likes Rating for Winnipeg, Manitoba in Bank/financial services category
According to one of the latest surveys by Altus Group Canada, 80 per cent of renters under the age of 50 would like to own a home. If you’re still renting, let us help guide you in the direction to make your desires and dreams become reality!
Well, the nice weather is upon us! Traditionally, this means people looking for homes are going to start shopping a little more aggressively. For those of you out there that plan to purchase something this spring, you should be pleasantly surprised when you see the mortgage options available. Last year at this time, we saw fixed mortgage rates start to increase through the spring months, which I believe discouraged some borrowers. A change from last year, we are currently seeing rates fall! If you're planning to shop for a home, make sure to get yourself pre-approved by a mortgage professional such as us! We can take advantage of some excellent rates and terms for you, and hold the rates for 4 months at a time while you shop. If you've been pre-approved at the bank or a credit union, you can definitely get a second opinion from us. Brokers are currently more competitive on interest rates than I can ever remember!!
I am so very proud of Sarah March for taking the initiative to take the Manitoba Mortgage Licensing Course. She passed with flying colors!! Congrats Sarah!
Province of Manitoba Privatizes Land Titles/Property Registry...good news for Manitobans! A long overdue overhaul of Manitoba's Property Registry system is about to get an overhaul, at no cost to the tax payer! The Registry is being sold to an experienced 3rd party who intends to invest millions into improving the systems we rely on when purchasing or refinancing a home. The means shorter time frames to free up money, and less time paying interest on bridge financing! On top of all of it, we're saving on government wages (without eliminating jobs) and drawing a hefty royalty for the years to come. I try to stay politically neutral in most cases but in this case, nice work Selinger! For a full copy of the recent press release, see the link below: http://www.winnipegfreepress.com/local/Province-privatizes-property-registry-244741471.html
Today we reflect on confederation and appreciate living in the best country in the world! Happy Canada day everyone!
IMS is thinking of hosting an information evening for "First Time Homebuyers." This would include information about how to plan on purchasing a house within the next year or two, and what to expect along the way. If you'd be interested in this, please like this, or send me a message. Also, feel free to share it with anyone who you think might benefit. Thanks again!
Pay Down Your Mortgage Faster! Tax Season is upon us, and the average Canadian tax refund is approximately $1,600. An excellent use of these funds would be a lump sum mortgage payment. If you as a homeowner were to do so, you could save thousands of dollars in interest over the life of your mortgage. For example: Mortgage Amount: $300,000 Mortgage Interest Rate: 3.25% Pre-Payment: $1,600 Approx. Interest Savings Over 25 years: $1,860 The above savings might seem trivial if looked at as a one-time event; however, if you continue this strategy on a yearly basis you could save over $17,000 in interest over the life of your mortgage. Additionally, this would help you become mortgage free almost 5 years faster. ***Please note the above calculations are based off of a 25 years amortization, a higher interest rate would increase the savings***
There's more to a great mortgage product than just rate... say what!? Read more on this: http://idealmortgagesolutions.com/blog/
Get Pre-Approved, Protect Your Rate. The Spring Market is right around the corner.... Historically, the most active market for home sales is the spring. This typically creates a larger inventory of homes for you to choose from. The 2013 market saw some softening in the number of purchase/sale transactions, but Winnipeg's overall prices have maintained steady. Unlike many other markets of the country, Winnipeg is expected to see a small increase to the average home price again in 2014. With more inventory on the market, and less "bidding wars", it is setting up to be the best spring in years for home buyers. If you are considering a home purchase, now is the time to get a mortgage pre-approval in place. I cannot stress the importance of getting pre-approved BEFORE you start shopping. Many realtors will ask if you’ve been approved before they will take you seriously. A pre-approval meeting with us will work through your maximum affordability and can ultimately protect you from any rate increases for 120 days (4 months). Most of the banks out there will only protect your rate for 90 days. Your pre-approval with Ideal Mortgage will include a free, confidential consultation on your credit, affordability and education on the overall buying process. Once your comfort level has been determined, you will be provided with a "pre-approval" letter that will allow you to make an offer with confidence. If you're considering a purchase in 2014, feel free to contact us for a free consultation and mortgage pre-approval. If you have a realtor already, great. If not, we have a team of trusted professionals that we can refer to walk you through the process.
Debt Management ... make it a resolution for 2014
We at IMS wish you a wonderful new year filled with abundance, joy, and treasured moments. May 2014 bring you happiness and prosperity. Thank you to all of our wonderful client's for their trust and loyalty and allowing Ideal Mortgage to manage the most important part of your financial lives.