This is no joke!!! Interest rate are on the rise. A 1% increase to your interest rate is a 9% to 10% increase to your monthly payments! Check it out for your self if you don’t believe me. If we see rates rise by a few percent we will have to dig deep to find the extra money needed to cover our mortgages. Make sure to review your mortgage commitment and find out if you are a fixed or variable mortgage and do the math.
Today Calgary has 4040 Single Family homes for sale and another 2145 Condos For Sale. This is made up of 1364 Homes in the North West , 827 Homes in the North East , 1122 Homes in the South West , and 721 Homes in the South East. 294 Homes are over the $1 Million mark. Calgary also has 511 Bank Owned or Foreclosures currently listed as well.
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