The Mortgage Associates Blog

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Average home price in Saskatoon $351,000.00

As reported by the Star Phoenix: The average home price in Saskatoon was about $351,000 at the end of February, up about six percent from 12 months ago ($332,000), said Jason Yochim, executive officer with the Saskatoon and Region Association of Realtors. “Saskatchewan’s two larger cities are still seeing decent combined sales levels, but supply (…) Continue Reading →

Types of Mortgages

Open Mortgages  allows you the flexibility to pay off some or all of the mortgage at any time, without a penalty. Interest rates are usually higher and are tied to the Bank Prime. Closed or fixed mortgages offers you the security of locking in your interest rate for the term of your mortgage, so you (…) Continue Reading →