Mortgage rates not moving yet!

This one from my good friend Rita Amalfi Cruse at Mortgage Alliance in Dundas, Ontario:

"Wow have you been keeping up with all the media hype on the economy? I have, and sometimes I wonder if we didn't have all the "doom and gloom" coming at us from every which way then maybe the Laws of Attraction would really work.

If you think it, it will happen !!!!!! Well, think low interest rates because that is what is happening, right now, look at my chart.

*Rates may vary by province and are subject to change without notice. Rates last updated - Monday, October 27, 2008

I know most of you are sitting back and playing wait and see but if you are carrying any kind of credit card debt, you should be calling me right now to see how I can roll that debt into the equity of your home at low interest rates. If you leave it and pay only the minimum payment on a monthly basis it will take you years to pay it off.

It is a buyers market out there for real estate, record number of listings, your dream home could be sitting waiting for you to put an offer in on it, before doing that you need to call me to get pre-approved.

Now more than ever it is important to maintain a good credit history. I have attached a booklet that I have been working on to help you figure out what your credit might look like. If you really want to know then visit my website and you will find a link to check your credit.

Have a look at the attachment on this email, it is a booklet about credit and the little things you can do to improve yours."

You can contact Rita via rcruse@tmacc.com, www.mortgagealliance.ca/ritacruse or call (905) 529-1199