Move to Edmonton and take advantage of these low rates!

If you have been waiting to buy your families dream home in Edmonton

, the time is now. We are witnessing one of the greatest buyer's markets this city has ever seen. Home prices are down over 30% form where they were just 5 years ago!

Located in Alberta, Canada, Edmonton has been a growing attraction for house hunters in both Canada and the United States. Edmonton has a very attractive health care system and is known to be one of the cleanest cities in the world. Edmonton has also been rated one of the top cities in Canada to raise a family, largely in part to all of the beautiful parks and world class education system.

Thanks to this buyer's market, living in Edmonton is a dream that many more families can now strive for and attain. With the low housing prices coupled with the historically low interest rates, owning a home has never been easier.

There are many mortgage companies Edmonton has to offer. It is suggested that you visit at least three different mortgage brokers, just to make sure that you get the best interest rate possible. Remember, depending on the size of your loan, just one percentage point on your mortgage interest rate can mean tens of thousands of dollars over the course of a thirty year payment plan. After you decide the best mortgage companies Edmonton has for you, make sure you factor in the rates they quote you as well as the fees they are looking to charge you.

Most homebuyers these days use a thirty year fixed mortgage. This means that your mortgage payment will not change over the thirty year term. Other options are adjustable rate mortgages, this is where a rate starts really low for a specified amount of time, but then it jumps up after, which in some cases makes a payment difficult to make. Talk to the best mortgage companies Edmonton can offer for your specific house search and take advantage of this buyer's market!

Move to Edmonton and take advantage of these low rates!

By: AbbieSmith

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