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THE HERALD OUTLOOK Saturday 1W By Glenda Hughes As most of you have heard on the news this past few days in rates are on the downward move It seems that this is a good signal for the buyers out there for this trend usually signifies that prices have probably bottomed out It good news for everyone volved the housing industry and this is a very far reaching in dustry to say the least With the fall in interest rates it makes buying for everyone easier House prices are at a two year low making excellent buys available to anyone who has their eyes open and with the major banks offering lower interest rates you can luck in on excellent dollar value at present Even though the real estate companies have been advertising that they can arrange mortgages for less than the banks through creative financing techniques it seems that the general public does not understand how this works However most people do understand that if banks offer lower in rates it means that they can qualify for a mortgage and keep their payments in line with their income again Certainly we do know that it would be much nicer if rates were a little lower still but we must take this news release as a signal that the trend is towards lower not higher rates It is good news indeed On the other side of the coin if interest rates continue to go down for a while you can expect that some things will happen When homes that have been on the market for a while finally sell and new houses have far sale signs on them prices will start to inch up again You see you can t have it all ways Low interest rates and low home pnces never last It moves on a scale something like high prices equals low mortgage rates and low equals high mortgage rates It shard to win However you can win at present if you get your act together and keep your eyes open and your ears tuned in First time buyers especia should be on the lookout for some knockout deals at pre sent Let hope that this trend continues and the doom and gloom that has been pldgumg us for far too long is going improve on a daily basis Happy August Local jazz enthusiast accepted by US university By GARRY MURDOCH the Herald Holly Verhaegen a Georgetown District High School student journeyed to Western Michigan University this week to partake in a Vocal Jazz workshop The workshop is a week long pro gram conducted by well known jazz composer and arranger Phil Mattson and Steve Zegree The students who attend come from all parts of North America The week schedule includes solo work lectures choir ensembles and theory class The week rounds off with a performance of approx finished pieces by the entire choir Holly applied to the University to enter the program in January She received notification a month ago that she had been chosen to attend While in Michigan Holly will be staying on the university campus Although an infrequent visitor to the States the gruelling 10hour day work schedule set up for the students will allow little time for sight seeing Holly began her keen interest in jazz music five years ago in Grade at G D S and joined the then just started jazz choir Since then she has taken pnvate vocal lessons and entered various competitions Earlier this year she placed first at the Peel Festival in Brampton taking a gold medal and winning a scholarship Holly plans to continue with a career in music hoping someday to become a music teacher Although she is Grade this September her plans are to eventually go to for jazz studies and then to Ontano Teachers College For AH Your Fine China Silver Crystal MAIN ST MILTON MY GENERATION ho Hi 115 MAIN ST S GEORGETOWN Ac LOOK GOOD FEEL GREAT Male and Female Memberships Available Month Membership I Trial Membership I COO I lie hum J I prat WORK THAT BODY STREET 877 00 SHOPPING SPREE VALUE STORE LIMITED EDITION PRINTS GIFTS CANDLES CUSTOM FRAMING 1 24 Main St S GEORGETOWN 8777654