What You Need to Know
Five Tips to Ensure Your Mortgage Application is Approved the First Time
Homeownership needs careful and proper preparation. Getting educated about the key parts of mortgages will give you a good understanding of what makes you a good borrowing candidate and how you can improve the possibilities of getting approved for the best mortgage...
How Inflation is Affecting Mortgages Today
Inflation has always been a concern for mortgages, and inflation rates have been coming in quite high this year, meaning they are above what was expected. We are seeing the highest rates in over ten years, so homeowners will naturally wonder how this will affect their...
Frequently Asked Questions about Working with a Mortgage Broker
Working with a mortgage broker is a great idea because they will be able to provide you with a loan for your dream house. They will do all of the work and will present you with different options so that you can get approved. If you are considering working with a...
Best Rate Versus Best Mortgage
As mortgage rates remain at record-breaking lows, many Canadians are thinking about entering into the market to purchase a new home or refinance their existing mortgage. If you are like other future or existing homeowners, then one of the first questions you might ask...
Tips for Saving the Down Payment You Need to Get a First-Time Home Buyer Loan
Buying your first home is very exciting, but it’s not as easy as you may think. With the increasing cost of homes, it’s important to save before you begin looking at houses so that you have the amount you need for a down payment. If you’re hoping to get a first-time...
How The New Mortgage ‘Stress Test’ Will Affect Homebuyers
The federal government has attempted to try and cool down the housing market from being overheated by making it tougher to get a mortgage starting in June. The new stress test was announced by the Office of the Superintendent of Financial Institutions in May. The new...
The Benefit of Rate Holds
If you are planning on purchasing a new home and are in need of a mortgage, the term “rate hold” or pre-approval is something you need to know about. This is offered by most lenders and should be presented to clients who are purchasing a new home. This would allow you...
How To Set Realistic Expectations Regarding Your First-time Homebuyer Mortgage
So you've decided to buy your first home in Edmonton: you're doing reasonably well in your job and maybe want to move into a bigger place to start a family. Being a first-time homeowner can be challenging, especially in the current economic climate. You may need to...
GICS: How They Can Be Your Best Investment
Now more than ever, savers are being hailed and appreciated. Although some interest rates are still low, savers have more access to better products. However, does access to better products mean that savers need to pay extra attention to high-interest savings accounts?...
An Insured Mortgage is a Mortgage Covered by Mortgage Default Insurance
An insured mortgage is one that is covered by Mortgage Default Insurance, which is purchased to protect the lender against any losses that stem from the borrower, including default and foreclosure. This insurance does not cover the borrower and there are three...
Effects of COVID-19 Pandemic on Mortgage Rates
So much has changed since COVID-19 took the world by storm. Shutdowns, bans, closed businesses, all of this has changed the landscape of our lives. It is an understatement to say that it has had a huge impact on our economic landscape. So how has it impacted the...
Mortgage Fraud: What You Need to Know to Stay Safe
Mortgage fraud can be an incredibly damaging situation financially and can cost you thousands of dollars if discovered. Thankfully, there are a variety of ways to protect yourself and spot when you may be a victim of or accomplice in mortgage fraud. Mortgage Fraud:...
Credit Score: Importance and How to Safely Build It
When it comes to good financial health, a good credit score is absolutely essential. Among other things, a good credit score can help with credit card application and getting the best interest rates possible on some credit products. However, a good credit score is...
Guide To Understanding The First-Time Home Buyer Incentive Program
The First-Time Home Buyer Incentive Program was created and administered by the Canadian Government as a way to help the first time home buyers navigate the home buying market with an interest-free loan. The program is designed to top up the down payment by 5% on the...
High Cost of Housing is Affecting Canadians Mental Health
High-costs of living are negatively impacting Canadian’s mental health. The biggest issue behind home unaffordability is that housing prices, especially in urban centres, have exponentially increased over the last ten years in comparison to the rate of inflation and...
How Much Does It Cost To Refinance Your Mortgage?
Refinancing your mortgage is a great option for a number of reasons, including debt consolidation, completing a home renovation project or sending your children to university or college. Refinancing can provide you with the money you need and while it’s a fantastic...
4 Reasons Why You Should Work with a Mortgage Broker
Working with a mortgage broker is an excellent idea for a number of reasons. When traditional lenders won’t give you an approval and the bank won’t provide you with a loan, a mortgage broker will help. While this is great, it’s not the only reason to pursue this...
What Can A Mortgage Broker Do For You?
When you enter the real estate realm of buying and selling property, it’s important to have a great team that will prioritize your best interests. A key person in your team should be a mortgage broker. What does a mortgage broker do and why are they of interest to...
Fixed Vs Variable Mortgage Rates
Deciding whether a fixed or variable mortgage rate is better for you is a tough decision. It ultimately comes down to your income, lifestyle and ability to handle risks, which will help determine which option makes more sense for your circumstances. The first thing to...
Easy Ways to Pay Off Your Mortgage Early
Owning a home is everyone’s dream. But many of us dread having a 30-year mortgage. Even more so if we are not getting a competitive interest rate which means our mortgage is going to be quite costly. The matter of fact is while most of us tend to focus on the rate of...
Tips to choose the right Mortgage Broker
Choosing the best mortgage broker in Edmonton for your needs can never be easy. After all, the entire success of finding the right kind of mortgage rates, a workable payment plan and a trustworthy mortgage provider depends on this one individual who you need to trust...
Contact Info
1619 - 89 Street NW
Edmonton, AB T6K 2A8