Waterloo Public Library Digital Collections

Waterloo Chronicle (Waterloo, On1868), 2 Sep 1981, p. 4

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l i D I «0#"%e Z_ Everything | SOLARIAN 0° Mo,l;uS..r.cG°| 41 O0°*.... ~â€" Armstrong Coraire | Rolls .. ; Rolls . . . Rolls PAGE 4 â€" WATERLOO CHRONICLE , WEDNESDAY , SEPTEMBER 2, o MANNINGTON & G.A.F. IN 12 WIDTHS NOW AT SUMMER PRICES Also check our carpet prices on . .. yY Y C VH’L e Harding e Coronet e Peerless e Richmond <%â€"OOr, 6 Sp Brv, _ NQ (Due to upcoming renovations) NO REASONABLE OFFER TO BE REFUSED. Product for Product . . . we will Guarantee the LOWEST PRICE on sececteo unes o We Have VISA e Cash & Carry 3 Rolis ONLY ssere Y s1® Armstrong Coraire $ 5 95 (Continued from page 1) Roes said he also question about that." a month to $600, but of mortgage payments lot of it, for sure," she urges ‘ clients mnot to Lauer, manager of ‘‘salaries bhave inâ€" to takeâ€"home pay said. "It‘s a good rea: make any *‘‘panic the Waterioo branch of creased an awful lot. (from fl've years ago) son for selling your moves,‘‘ in either Olsen Realty Ltd. on more than that (in the actually isn‘t that difâ€" house." walking away from the University Ave. W., last five years)." ferent." However, Morin cau property or ‘"dropping said ‘"we have run He gave the case of a He conceded there is tioned homeowners not the price too drastiâ€" across" a â€"number of young couple who some strain from to act too hastily. She cally." homeowners forced to have, over those five higher rates, but said suggests they ‘‘shop _ Realtor Bob Lauer, sell. "Butit‘snotatthe years, kept to their people should be able around‘‘ for mortgages for one, doesn‘t believe frequency some of the +budget, saved for a to manage if they sacâ€" o e e P . th ) AMicrcéten sKaidd L_ Loo L aels avaamtadt e ark e sc mcvece ces suue & h However, Morin cauâ€" tioned homeowners not to act too hastily. She suggests they ‘‘*shop around‘‘ for mortgages or ‘"‘explore every posâ€" sible avenue" of reâ€" newing with their bank, trust or mortgage comâ€" 17 Industrial Dr., Elmira, 669â€"3933 for one, doesn‘t believe the situation should be "some people are getâ€" ting caught. There‘s no SHOP AROUND (By Our Own People) Installations Guaranteed IT MUST GO! S$U P ER (All In Stock) ments, as an example, may increase from $350 Then Check Our Prices tained their respective jobs and haven‘t finâ€" years, kept to their budget, saved for a down payment on a new mortgage, mainâ€" new car or boat. anced any other major handle it," he said. Lauer also noted that ‘‘incomes hbhave inâ€" creased rapidly in the past 10 years,‘‘ in the Waterloo region have not. (interest) is & little unreasonable,‘‘ but with pay hikes and some tightening of the belt, most homeowners should be able to manâ€" age those rates, at least temporarily. Harry Abicht, manâ€" ager, Central Ontario region, for Natco Realâ€" ty on Columbia St. W., would tend to agree. ‘‘*Somehow, people seem to cope (with the higher mortgage payâ€" ments)," he said. *‘Pay increases over the years help," he said, claiming that the |1 said, even rates 9 HERBERT ST., WATERLOO _ 884â€"9 Near King St., across from = Waterioo Square 4 Mours: Mon.â€"Sat. 11 amâ€"6 pm 5 | auaury propucts at | | WHOLESALE PRICES â€" | SPECIAL PRICE MEDIUM GROUND BEEF :~ OR IF YOU PREFER ... SCHNEIDERS OVEN READY STUFFED _ o Peee is around the corner and "it‘s time to prepare those stuffed green peppers and cabbage rolis. . OKTOBERFEST claiming that at the higher ‘the actual ratio Full line of BBQ Steaks No Tenderizer Added to our Meat Productsâ€"Natural Aging Only SHOP EARLY â€" QUANTITIES LIMITED sold in 5 Ib. bags 16 per tray sold by the tray 9 per tray ;sg sold by the tray /tray And, if anything, the current rates may be or color television. Abicht said, ‘"where we‘re going back to the way it was 25 years ago when purchasing a home was a major sacâ€" Meanwhile, all the realtors agreed that anyone selling a home with a good, existing mortgage shouldn‘t have any problem. "If you‘ve got any kind of good mortgage, you‘ve got no problem selling,"‘ Morin said. People can keep their homes, the realâ€" tor insisted, ‘""if they decide to cut back. If it (the home) is number one selling,"‘ Morin said. And Frim claimed "anybody will jump at 14 per cent (mortâ€" gages) right now. They realize it‘s never going to come down again to that." priority 81 .. number y with /tray

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