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Tips For First-Time HomebuyersNews Canada NC—Near record low interest rates are opening the doors of homeownership for many Canadians. "This may be the perfect time to consider purchasing a home," says Gail Kassie, Director, Mortgages and Home Financing Products, BMO Bank of Montreal. "With the variety of mortgage terms and options available, as well as low interest rates, more people are finding that they can afford to purchase a home." Kassie recommends the following "to dos" for first-time homebuyers:
"A sure way to find the best mortgage is to meet with a mortgage expert," adds Kassie. "That way potential homeowners can review all of their options with an experienced professional and theyll understand exactly what they can afford before they start looking for a home." Information provided by BMO Bank of Montreal. For more information on or to find out your home financing options drop by any BMO Bank of Montreal branch or visit www.bmo.com/mortgage. - News Canada
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