Oct 11, 2024 | Interest rates, Mortgage Pre-Approvals, Mortgage Refinancing
In October 2024, the Bank of Canada surprised Canadians by reducing its key interest rate by 0.5%. This decision, aimed at bolstering the economy, has significant implications for homebuyers and current homeowners. Whether you’re considering mortgage refinancing...
Jun 12, 2024 | Interest rates, Mortgage Pre-Approvals, Mortgage Refinancing, Mortgage Renewals, Mortgages, Variable Rate Mortgages
Economic Context and ImplicationsImpact on MortgagesNavigating the Mortgage LandscapeWhat Should I do Next? The Bank of Canada has reduced its key interest rate by 0.25%, which means the key interest rate is now 4.75%. This marks the first decrease since 2022. This...
Feb 7, 2024 | Calgary, Fixed Rate Mortgages, Interest rates, Mortgage Renewals, Mortgages, Variable Rate Mortgages
For homeowners facing mortgage renewal in Calgary, one of the critical decisions is choosing between a fixed or variable rate mortgage. With the real estate market and economic climate continually evolving, this choice can significantly impact your financial...
Feb 6, 2023 | Down Payments, Interest rates, Mortgage Pre-Approvals, Mortgages
Many Canadians are working towards owning a home, however, with the cost of living and current home prices increasing, and income levels not keeping pace, it’s getting harder and harder for many people to make this dream a reality. In Canada, affordability...
Jan 27, 2023 | Budgeting, Down Payments, First Time Homebuyers, Housing market, Interest rates, Mortgage Brokers, Mortgage Pre-Approvals, Mortgage Refinancing, Mortgages
Happy New Year! Are you one of the people who make New Year Resolutions? Considering your goals in 2023, is owning a home one of those goals? Could your goal be to renovate your current home? Or to own a second home as an investment property? If these are things...
Nov 3, 2022 | First Time Homebuyers, Home ownership, Interest rates, Mortgage Brokers, Mortgage Pre-Approvals, Mortgage Refinancing, Mortgages
Buying a home is often a great experience, and very exciting, but to many Canadians, it might not be something they are all familiar with. It’s no wonder our clients have so many great questions about mortgages, but there are a few that come up a little more often....
