What does our world look like as we return to normalcy post COVID-19? It has been a little over 15 months since COVID-19 became a common term in our daily vocabulary, and it has affected all aspects of our lives, from how we work and travel to how we buy our groceries. As retailers and public spaces reopen their doors across Canada, we return to everyday life with a new perspective on our world, as things are just a little different now.
With an expected increase in domestic and international travel as restrictions on quarantine ease and more people getting vaccinated, some people continue to stay local again this year.
Most people don't realize that you can obtain a mortgage on a recreational, or even "secondary" home, with as little as 5% down on the first $500,000 and then 10% down, up to $999,999. With record rates below 2% in some cases, this is a desirable option for clients who want to participate in the real estate market while owning an asset they can enjoy.
- Preet Singh Mortgage Specialist
