Do you need a 2021 financial reset?

By Mathew Lajoie

It is safe to say that we are all looking forward to putting 2020 behind us. But have you put much thought into 2021 and what might be possible for you and your family financially?

Interest rates are at an all-time low, meaning there has never been a better time to refinance or borrow.  Additionally, the average cost of a home in Canada is forecasted to rise to $531,000 in 2020, up from $488,862 in 2018, with home values across Ontario increasing 15-20% and continuing to climb in the new year. These higher values and lower rates put homeowners at an advantage, allowing them to immediately benefit from their existing property equity.

Using the equity to pay off high-interest debts, upgrading homes or even building extensions for a more conducive work-from-home life are significant possibilities that most homeowners could consider while being able to pay everything off at a much lower interest rate.

“The Valko Team have been working around the clock and non-stop throughout the pandemic, supporting the KW community and helping their clients make the most of this difficult time by assessing what possibilities are available after a simple financial review,” says Tracy Valko, a top mortgage broker in Kitchener-Waterloo and owner of The Valko Team.

“Rather than locking-down and worrying about debt over the coming months, there are options for you to consolidate, reduce or pay off amounts you currently owe, from the life you used to live.”

Whatever your plans, goals and intentions were this past year, you’ve likely had to reschedule and/or re-prioritize (or both!).  

Plan for your 2021 to be less stressful, less stuck and less isolated from the things you enjoy.

The Valko Team is here to help and are best known for their award-winning services and efforts with their clients and the local community.  Heart-centred and service-driven, they are a strong group of professionals who genuinely care about long-term financial wellness.

To book your Financial Review, call (519) 745-8019 or visit www.tracyvalko.ca.
 

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