Real Estate Blog / Data - Blog Archive: April, 2020

April 2020

Found 4 blog entries for April 2020.

ATB Economics

April 29, 2020

 
 
 
Interest rates around the world
 

One of the ways central banks* have tried to mitigate the negative effects of the COVID-19 pandemic is by lowering interest rates. The basic idea is that lower interest rates stimulate the economy by making it less costly to borrow money which, in turn, leads to more investment, spending and jobs. 
 

When an economy is heating up, interest rates are typically raised as a way to “tap the breaks” and keep inflation in check.
 

With the pandemic causing economies around the world to ice over, a

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 How to Stand Out in the Spring Home buying Market 

When it comes to buying a house, it doesn't get more competitive than springtime.  Want to make sure you stand out from the pack? Here are three ways to do it:

  1. Include a personal letter to the sellers with your offer. Tell them why you love the home and just how much it means to you.
  2. Get pre-approved for your mortgage loan first. This shows sellers you have the financial resources to follow through on your offer.
  3. Avoid low-ball offers. Bid at least the listing price (and be ready to go higher if there's a bidding war).

All-cash bids can also be a great way to secure the home of your dreams.

 

Easy Ways to Add More Storage Space

Tired of crowded closets and cluttered drawers?

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