Toronto, Ontario (PRWEB) April 05, 2013
arcus Arkan, CTO of Syndicate Mortgages, has recently shared his valuable analysis and advice regarding young Canadians who intend to buy homes in 2013. According to Mr. Arkan, it is the continuation of his efforts to help young buyers make a better decision and re-establish their confidence in the market.
Mr. Arkan, who directly offers consultations to people looking for home purchase and mortgage advice, stated that Canada mortgage rates are currently the most stressful factor for first-time home buyers. “The rates are still at an all-time low but first-time buyers find it hard to understand all the strings attached to these rates. Especially after last year’s mortgage rule changes, people are ever more confused.”
Mr. Arkan further added that first time buyers are afraid of mortgage rates because there are a lot of speculations about a sudden increase in the near future. According to him, Canada mortgage rates are not likely to increase any sooner. “Even if they do increase,” he adds, “They are currently so low that a slight increase won’t make much difference, especially in terms of affordability.”
However, he insisted that buyers should seek help from mortgage brokers in order to find better rates that are not advertised or listed by the banks and lenders. He further emphasized the importance of understanding some of the basic concepts related to mortgage rates.
According to Mr. Arkan, types of mortgage rates can have a more prominent impact on their affordability and home buying experience on the whole. In this aspect, Mr. Arkan provided a detailed explanation of types of mortgage rates available for Canadian home buyers. Furthermore, the recently published blog on the Syndicate Mortgages website offers expert advice on simplification of the mortgage process for first time buyers.
“Most of the first time buyers underestimate or shy away from asking questions and negotiations. We encourage them and make them feel more comfortable in asking as many questions as they want,” explains Mr. Arkan.
Concluding his remarks, Mr. Arkan said that new and first time homebuyers are ever more in need of useful advice and help in this regard. Syndicate Mortgages plan to play its part by constantly updating buyers and home owners with timely advice necessary for making a better decision.
For more information, visit the website http://www.syndicatemortgages.com
About Syndicate Mortgages Inc.
Syndicate Mortgages Inc. is one of the leading Canadian mortgage brokerage firms. Founded in 2008 in Ontario, the company specializes in residential, commercial and construction financing across Canada. With years of experience and expertise in the mortgage industry, and access to an array of lending institutions across Canada, Syndicate is known for finding the best mortgage rates for their customers. Syndicate has branch locations across Canada. For contact, please use the following details.
Syndicate Mortgages Inc.
Toll Free: (888) 646-1062