Archive for November, 2008

Canadians Fly Cheaply to Mexico

Saturday, November 29th, 2008

WestJet just announced new non-stop service from Winnipeg to Mazatlan and Puerto Vallarta. The flights are seasonal, making it easy for second home owners in Canada to reach their Mexico vacation home and escape those cold winters.

Mexico Real Estate: Fly-In Locales Offer best 2nd Home Buys

Saturday, November 29th, 2008

Here’s an article from MarketWatch about the current state of the home market in Mexico. Author and Mexico investment expert Tom Kelly notes that investments in fly-in locations such as Puerto Vallarta, Mazatlan and La Paz are still appreciating by 8-12% annually.
With mortgages available for most properties in Mexico, it’s still a possibility to invest [...]

Check out the new MEXLend ad on Banderas News!

Thursday, November 20th, 2008

You can view our new ad as seen on The House Detective Mexico right here on Banderas News. Local reporter Laura Gelezunas stars in our new MEXLend ad and did a fantastic job!
Submit any mortgage related questions to buyinginmexico@hotmail.com or leave them in the comments and the experts at MEXLend will answer them for you!

Fitch Ratings Dings Mexico Banks. What’s that mean to you?

Tuesday, November 11th, 2008

This morning the peso dropped again now that four Mexico banks (all subsideraries of foreign banking institutions) were labeled at Negative instead of Stable. This makes it even more important to select a mortgage broker that works with a wide variety of lenders and not just one or two.
Fitch ratings story on Reuters: http://www.reuters.com/article/marketsNews/idUSN1047004120081110