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New property listed in Brighton, Saskatoon

I have listed a new property at 329 Chelsom MANOR in Saskatoon. See details here

Welcome to the "Broadway" Edgewater's newest plan in the desirable neighbourhood of Brighton. This 2 storey is sure to impress. Entering from the insulated garage, you step into a mud room with a bench and hooks to store your outerwear. You continue through the walk through pantry into the spacious great room. The kitchen has lots of cabinets, quartz countertops and beautiful tiled backsplash. The island is 7' long with an eating ledge. Over sized patio doors in dining room and large windows in the living room create a spacious light filled area. The focal point of the great room is the fireplace. On the second floor, the Primary bedroom includes a feature wall, the ensuite has double sinks in the vanity and a beautifully tiled shower. You will find a bonus room and 2 secondary bedrooms and a 4 piece bath as well. 2nd floor laundry completes this floor. All Pictures may not be exact representations of the home, to be used for reference purposes only. Errors and omissions excluded. Prices, plans, specifications subject to change without notice. All Edgewater homes are covered under the Saskatchewan New Home Warranty program. PST & GST included with rebate to builder.

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New property listed in Martensville

I have listed a new property at 208 Glenwood TERR in Martensville. See details here

Explore this charming 1,420 sq ft home, featuring a large foyer that opens to a cozy living room and an integrated dining/kitchen area. The main floor offers three bedrooms, two bathrooms, and a convenient laundry area, all designed for comfortable living. The walkout basement adds ample space with two additional bedrooms, a bathroom, and a spacious living room with a natural gas fireplace. This home is a perfect blend of comfort and utility. Vehicle enthusiasts will appreciate the heated double attached front garage and a separate heated single car detached garage, both with epoxy floors, providing generous space for vehicles and hobbies. 208 Glenwood Terrace combines practicality with elegance, making it an ideal place to call home.

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Bank of Canada Holds Rates: What It Means for You

Hey everyone! Let's talk about the recent Bank of Canada news and a bit about how interest rates work, which is super important for understanding your mortgage.

The Bank of Canada has kept the main interest rate at 5.00%. This rate is crucial because it influences the cost of borrowing money, like when you get a mortgage. There are two types of interest rates for mortgages:

Fixed-rate Mortgage: This rate doesn't change throughout your mortgage term. It's great for stability and especially useful if interest rates are expected to rise.

Variable-rate Mortgage: This comes in two flavors. One type changes with the bank's Prime rate, affecting both your interest rate and payments. The other type keeps your payments the same, but how much goes towards your loan principal varies with the Prime rate.

For those with variable-rate mortgages, your payments remain the same right now. Fixed-rate mortgage holders aren't affected by this decision. The Bank is keeping an eye on inflation and might adjust rates in the future. Their next update is on January 24, 2024.

Confused or concerned about how this impacts you? Feel free to reach out, we would be happy to help as much as we can and refer you to a qualified mortgage professional.

For the nitty-gritty details, check out the Bank of Canada's full statement here.

🏡 Tait Real Estate - Realty Executives Saskatoon 🌟
Saskatoon's Premier Real Estate Experts

Jamie Tait
📞 Phone: 306-203-0004
📧 Email: jtait@realtyexecutives.com

Ross Tait
📞 Phone: 306-230-2338
📧 Email: rtait@realtyexecutives.com

🌐 Website: www.taitrealestate.ca

Reach out today and let's make your property dreams a reality in the heart of Canada!

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