Liz Verstraeten, B.A.
Sales Representative

Century21 Wenda Allen Realty Ltd., Brokerage
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Best Fixed - 1 year
2.99%
Best Fixed - 2 year
3.09%
Best Fixed - 3 year
3.04%
Best Fixed - 4 year
3.34%
Best Fixed - 5 year
3.13%
Best Fixed - 10 year
3.74%
Best Variable - 1 year
3%
Best Variable - 3 year
2.75%
Best Variable - 5 year
2.45%
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HOW REAL ESTATE MARKET CONDITIONS AFFECT YOUR OFFER PRICE

 

A hot market is a "sellerís market". During a sellerís market, properties can sell within a few days of being listed and there are often multiple offers. Sometimes homes even sell above the asking price. Though most buyers want to get a "deal" on a home, reducing your offer by even a few thousand dollars could mean that someone else will get the home you desire.
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