As the deadline for the new changes for amortizations from 35 to 30 years approaches, this appears to have fueled a very busy real estate market in Toronto. There are certainly more clients purchasing and having their closing set after the March 17th deadline but will this boom in the market continue throughout the spring? My crystal ball is a little fuzzy – however, it should be interesting to see if the predictions of flat activity for 2011 will hold true.
To watch the Global News interview, please click here…. Kim Gibbons, ” Your Mortgage Superhero ®” Mortgage Broker FSCO lic. M08001363 416-400-8107 kim@mortgagesuperhero.com www.mortgagesuperhero.com