Updated about 7 years ago on . Most recent reply
First time purchase in Hamilton, WAIT or BUY?
So, I'm ready to start looking for a property in the Hamilton area. I've got capital, been to the bank, etc. I had my hopes on purchasing a triplex (or 4 plex if possible) for my first property and living in one of the units. I've spoken to both a mortgage broker and realtor about rising house costs, and about how the BoC has already stated a non-gradual interest rate hike, etc. And they both said it was not a great time to buy right now. So I'm not sure what to do, wait or start looking?