The best time is now!

Just to be completely transparent about this, if I knew in advance when interest rates would be going up or down, I wouldn’t have the time to write this blog post for you. I’d be busy relaxing with my family somewhere and ordering my next pina colada.

There are plenty of experts out there who crunch the data and can accurately forecast for you a good day to lock in a great interest rate, but from my mere mortal reading and experience, I’d say now is a great time to lock in a low-interest rate for financing a new roof.

One of the reasons people don’t take action when it comes to locking in a low-interest rate is that they fear they may miss the opportunity to secure an even lower interest rate. This, in my mind anyway, can be a risky strategy. A bit like leaving your roof repair for another day in the hope that a better deal will come along from somewhere else.

My advice is always the same: your home is typically your biggest asset, and you need to look after it. You look after what’s under the lid, so it’s critical to look after the lid itself. If your roof looks tired, now is an ideal time to get it looking fresh again and keeping you safe and dry. A friend of mine recently got her house re-wired and didn’t have a thing to show for it. At least with re-roofing, you get to enjoy a sparkly new roof! And it increases the value of your home.

And by all means, talk to us about finance. We can point you in the right direction and happily help you through this process.

Here’s what I know about interest rates: I don’t know! But I do know what interest rates are like today, and they are low. So, if you think you need a new roof or you want some help with finance to get you there, call us today! You won’t get a new roof any cheaper than it is right now.

Iain McPhail

Licensed Building Practitioner