Calgary Mortgage News & Articles

Navigating how to apply for a home or commercial mortgage can be confusing and overwhelming. It’s why you need useful information to pick a trustworthy person to lead you through the process of acquiring your financing. When you buy a home, you have the choice of applying for a mortgage through a Canadian banking institution …

Continue reading “The Difference Between Mortgage Specialists”

What is the First Time Home Buyer Incentive? For homebuyers looking to break into the Calgary housing market, the stress test and other changes have made it a challenge. That is in part why the federal government put the First Time Home Buyers Incentive in place. Participants of the program, which kicked off on September …

Continue reading “Taking Part In The First Time Home Buyer Incentive”

Written by Robson Fletcher · CBC News · Posted: Apr 26, 2019 Based on income and benchmark prices, report finds most people here could afford a single-family home For nearly five years now, Calgary's real estate market has been described as slow, flat, listless. Compared with long-term averages, fewer homes are being bought and sold these days. And those that do …

Continue reading "An upside to Calgary’s falling house prices"

One of the first questions we hear from our mortgage customers is, "What is the best rate?" and "Should we take a fixed rate or variable?" The real question is, "What is the better option for you?" Borrowing money to purchase a home comes with an inherent risk. You are borrowing a large amount of …

Continue reading "Fixed vs Variable Rate"

Last Week Tuesday, we started our day volunteering at Ronald McDonald House. We teamed up with our fantastic lender partner, First National Financial. Thank you, Lisa Bartlett and Tara Beattie for inviting us. Our community is incredibly fortunate to have this facility available to families, in their time of need.

Your friends or family may have told you about how they were hit with a payout penalty when selling or refinancing. You may think that you don't need to worry about this happening as you are purchasing your "forever home". However, it is important to note that on average - over 60% of Canadians break …

Continue reading "Mortgage Payout Penalties"