DO RISING INTEREST RATES HAVE YOU CONCERNED ?
CLIMATE CHANGE AND YOUR ROOF
Temperatures are rising , winds are picking up , and rain is beating down to the tune of Mother Nature ’ s drum . President of Let It Rain , Bruno Levesque , has been warning homeowners for years ; the climate is changing , and so should your approach to investing in a new roof .
“ As roofers , we have been trying to prevent damage to homes and buildings by promoting the best products to our customers ” he says . Nature ’ s assaults are strong , but at the frontline , we have our roofs to defend us and keep us safe . That is why we have to invest in higher grade products and service techniques . As technology advances , products become more resilient to hotter , wetter , and windier weather . “ You can ’ t put a price on shelter .” Bruno enforces , “ It is our corporate responsibility to upsell our environmentally sustainable products and services simply because they are worth the investment .”
Every roofing company should be able to confidently present their customer with an ‘ integrity roofing system ,’ one which Let It Rain does with pride . Most people do not know the complete and proper components which comprise a highquality roof system . The integrity of a roof depends on being stronger than the sum of its parts . These include :
A ) Metal drip-edge B ) Waterproof eave protection C ) Starter shingles D ) Roof shingles E ) Hip and ridge caps F ) Roof ventilation
These elements are designed to provide optimum performance for years to come . Any reputable roofing company should be knowledgeable on each aspect , certified , and backed by a manufacturer warranty guaranteeing their workmanship ; guaranteeing your safety . At the end of the day , the fight against climate change and your roof can only be fought with the proper materials for an environmentally sound and sustainable roof . - Let It Rain , www . letitrain . ca
Well that happened quickly ! We have all been plunged into a new and changing real estate market with the sudden increases in mortgage interest rates and , if you ’ re looking to buy your first home , upsize your family home or purchase an investment property you may have felt some fear or uncertainty , not really knowing how it will affect your dreams and your decision to move forward .
If that sounds like you , rest assured that there are plenty of opportunities and reasons to be positive . You can continue to pursue that dream of home buying and investing and make your dreams come true .
With the rise of interest rates , inevitably the pricing of homes comes down as the average person ’ s borrowing power comes down .
If you were looking at buying a home in the previous 6 months , there was an extreme level of competition for very few homes . Now , there are more homes to choose from , very little competition and they are at a lower price ! That ’ s a win for you , the buyer !
Other key advantages of lower home prices are the fact that the down payment you saved for may not have to be as large as you had anticipated , leaving you with more cash for furnishings and other expenses . You can now put down a greater percentage of the purchase price as a downpayment , requiring you to borrow less ! For example , your 15 % down payment 6 months ago could now be 20 % and now you can avoid paying CMHC mortgage insurance premiums !
Another savvy buyer win ! Something else to consider is as interest rates climb , they can also come back down and as rates come down , the waiting buyers flood back into the market . This will increase demand and the housing prices will go up . It will accelerate the appreciation and value of your home or investment , making you money and a winner in the housing market as a savvy buyer .
I ’ m here to help you be successful and navigate these changes in the real estate market to ensure you win and make your dreams of home ownership and investing come true . - Paul Mann , www . mannestates . com