A favorite pastime for many families is decorating the home. A few important dates come to mind such as Christmas, Halloween, birthday parties; there’s always a festive reason to bring out the decorations. But as the last few years have taken their toll on savings and finances, many families have been unable to acquire a home they can decorate. Borrowing costs have become so high in so many places that it keeps many of us from putting down roots in a place to decorate as our own.
The fact of the matter is unless you have a couple hundred thousand dollars stored away; most of us must obtain a mortgage in order to own a house. Unfortunately the housing crash from four years ago has not only raised the cost of a mortgage but limited the number of houses available on the market. The average family has traditionally had no choice but to turn to the banks that dictate how high mortgage rates will be set for home buying.
But in the aftermath of the recession banks have continued to push the cost of borrowing higher and higher leaving families with few options to acquire a dream home; at least few options that are publicly discussed. What banks do not mention is the market is full of smaller lending bureaus that can offer you a more affordable mortgage rate. By finding a provider like Lowestrates.com or Lowestrates.ca for our Canadian fans, who is different than your typical bank, you and your family may be one step closer to owning that home to decorate for festive events.
The last few years have been tough enough and the worst is finally beginning to pass. Opportunities for home buying are beginning to make themselves known for a family looking for a good home. Don’t let the banks keep you from adding your own decorations and your own style to your dream home; there is always another way.
Disclosure: Monetary compensation was received for this post, however all opinions are my own.