Good news for interest rates

There’s good news on the interest rate front. In the Bank of Canada’s (BoC) most recent announcement it maintained its prime rate at 1%, however with […]

Bank of Canada still maintaining overnight rate at 1%

It is quickly becoming old news – that the Bank of Canada (BOC) is maintaining its overnight rate at 1%. In its last announcement, October 23rd, […]

Saving on your mortgage

Paying off your mortgage faster has the excellent benefit of reducing the amount of interest that you pay on your mortgage. How? By using privileges provided […]

Protect your home, and your investment!

The terrible flooding in Southern Alberta this year struck an emotional chord with Canadians across the country.  For most families, their home is their largest asset […]

Financial planning helps ensure better mortgage choices

Between paying living expenses, mortgage instalments and taxes – not to mention saving for children’s education and retirement – it’s not easy for families to get ahead. […]

Questions to ask your Mortgage Professional

Whether you choose a mortgage broker or a bank here are some questions that you should ask before signing on the dotted line Amortization: Will you […]

Will there be a housing bubble in Canada? Not likely

One day the economy is growing and thriving, the next day, the housing bubble is about to burst and the country is stagnating. This is the […]

What does a Mortgage Broker do … really?

With the flooding and then the rebuilding, which is almost completed, it’s been a long four months and posts have been sporadic, I apologize.  I will […]

What can you expect for closing costs in Alberta when you make a real estate purchase?

When you are buying or selling real estate, there are costs to be paid when the transaction is completed and the title is transferred.  The goal […]

Short vs. long term mortgage – that’s the question!

It is only in the last couple of years that a five year fixed rate become a product worth considering when it comes to paying the […]

How do I take possession of my new home before the new owners move into my current house?

The answer – bridge financing! If you purchase a new home before your current home sells, you might not have the money needed for the down […]

Thinking about building a home? New construction mortgages

If you’re thinking about building a new home you need to know that new construction mortgages work much differently than a typical residential mortgage.  What we’re […]