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...
May 6, 2024 | Calgary, Development, Home maintenance, Mortgage Refinancing
Understanding Your Financing OptionsWhat Are Renovation Loans?How Does Refinancing Work?Refinancing vs. Renovation Loans: Pros and ConsPros of Renovation LoansCons of Renovation LoansPros of RefinancingCons of RefinancingMaking the Right Choice for Your Calgary...
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....
Jun 3, 2022 | Mortgage Refinancing, Mortgages
Recently, the Bank of Canada’s policy interest rate, also known as the overnight rate, has increased another 0.5%. This means that the Prime Rate of Canada has also increased, affecting credit cards, HELOCs, variable-rate mortgages, and auto loans. Most financial...
May 3, 2022 | Mortgage Brokers, Mortgage Refinancing, Variable Rate Mortgages
Like many other countries, Canada kept interest rates low and avoided increases during the pandemic. However, now that we’re moving towards a post-pandemic economy, those frozen rates are likely to start going up, and thanks to various problems around the world,...
