So long 2022! Let’s talk about nonsense media, an epic rammed earth house build and everyday lake swims.
2022 was an epic year. Other than war, pandemic, economic crisis, aggressive inflation/price gouging, puffed up Bank of Canada interest rate increases and mysterious supply chain issues, it wasn’t all that bad. Here’s a little update to get 2023 going 🙂
Canadians have witnessed pretty intense rate hikes over the past 10 months and I will be putting out a blog soon which will outline the history of these types of rate hikes over the past 30 years as well as the historic reality of how long these high rate environments tend to persist. Stay tuned!
Despite these changes, Huber Mortgage had a busy year. We were able to get a large swath of RATE LOCKS in place before too many rate hikes set in, allowing clients to refinance properties at low rates and first time buyers to qualify for their purchases.
By the way, if you have a new purchase in mind or a renewal on the horizon, get in touch so we can lock in a rate for you. If rates are lower at purchase/renewal time, you will get the lower rate at that time.