If I have 20% or more to put down on a home purchase, what amortization should I choose?

This is a very common question from home buyers.  Most are gun shy when it comes to 30 and 35 year amortization but in my mind, […]

Make the most of your mortgage

The mortgage industry has changed a lot in the last five years but what does that mean for the average consumer? Well it often means that […]

More changes for the Canadian Mortgage industry?

As a borrower, you are judged on a few things: Debt service ratios – how your total monthly debt payments compare to your gross monthly income […]

Mortgage life insurance – what is it really?

Simply put, Mortgage Life Insurance is creditor insurance.  What does this mean?  Well, if the borrower dies, the insurance company will repay the balance of the […]

Should I rent or should I buy?

This is a question we mortgage brokers get from clients everyday and the decision is not as cut and dry and some, from either camp, will […]

The intricacies of the Mortgage Pre-approval

Last week Canadian Mortgage Trends published an article of the same title as this blog which exposed the misconceptions of realtors and borrowers alike when it […]

How will the flooding affect the Real Estate market in Alberta?

Sorry for the brief hiatus from this blog but, just as many Albertans, we too were affected by the recent flooding.  We were fortunate that we lost […]

You need a good plan for retirement

Six million Canadians face a more than 20% drop in living standards after they leave the workforce according to economists from the Canadian Imperial Bank of […]

Do home buyers need to be cautious?

It seems many first-time home buyers are taking a wait-and-see attitude before jumping into the housing market. The question is: What are they waiting for?  In […]

Mortgage free by 48? Tips from Canadians who prove it’s possible

Last year I came across an article from Yahoo Finance about how Canadians, with a plan and small sacrifices, can free up years of payments to […]

Why should you use a Mortgage Broker?

I’ll wager you can visualize your dream home but not your dream mortgage – Buying your home is probably the biggest investment you’ll make. Just as […]

Moving Checklist

Thorough planning is the key to an easy move.  Experience tells us most moves take 8 to 10 weeks from start to finish, so start early! […]