Alok Chadha, Realtor

#realestate A sheet of OSB 7/16 which is used on the outside of a house or over the roof that cost $11 around this time last year now costs more than $48.

#mortgagenews The industry's current detection tools have not kept pace with the increasing sophistication of threat we face

If you are in the market to buy, send me a message for a pre-approval to find out how much you can afford. To help with the process, I included a list of items below you will need: ID Proof of employment Proof you can pay the down payment & closing costs... Info about any other assets you have (car, cottage, boat, etc.) Info about any debts or financial obligations that you have See more

#coronavirus #realestate The problem, perhaps, is not with the forecasts, but with the forecasters. They seldom reveal the assumptions they have made, the motivations behind those assumptions, the statistical tools deployed or the variables they included or excluded. Also, forecasters often release point forecasts, a number, rather than a range of numbers or the uncertainty surrounding the estimates, known as the confidence interval.

To best meet your needs, mortgage brokers like myself, have a wide array of products to choose from banks, private sources, independent lenders, etc. If you are in the mortgage market, we should talk. Whether you are looking to explore your options or get a second opinion, the lending options available could save you thousands!

If you are a homeowner and struggling with high-interest debt payments, we should talk. It may make sense for you to refinance and access the equity in your home to pay off your high-interest debt. Your mortgage is typically the lowest interest rate to borrow money. Refinancing to pay off high-interest debt and lumping everything into your mortgage payment could free up extra cash each month by saving you on interest. Send me a message and we can see what's available to you.

#realestate More good news for Hamilton, ON