With the Canadian dollar virtually at par with the US dollar and a still depressed real estate market looming in the southwest, purchasing a vacation home for next winter is looking a lot more attractive to many Canadians. Although next winter is far from many peoples minds there are still Canadian buyer’s searching for next winters new vacation home and areas like Palm Springs and San Diego are prime targets. In addition, with interest rates still being historically low, the risk of investing in a US vacation home is a lot lower than it was 5 years ago. Conventional financing is available with as little as 30% down and mortgage rates are still near historical lows.
More information about Canadian Vacation home financing is available at: http://thehomemap.com/canadian-2nd-home/
-Rafael Perez
Rafael@TheHomeMap.com