All Entries in the "Mortgage Tips & Advice" Category
Clarification to Government Rule Changes
The announcement by the department of finance on February 16th left some room for interpretation. CMHC has recently announced clarification to the announcement. Read for details.
Can I Refinance My Home?
With interest rates so low today, many homeowners call us to see if they can refinance their home. In some cases they can, in others they can’t. Watch this brief video to see if you are able to refinance.
If you are thinking of locking in your variable mortgage rate…
Many clients ask us if they should lock in their variable rates while rates are so low. This article discusses our opinion on the matter for most borrowers.
Bank of Canada Keeps Rates the Same
The Bank of Canada left rates unchanged this morning which means prime remains at 2.25% and is expected to stay there until the end of 2010. Inflation is not expected to reach it’s 2% target until the 3rd quarter of 2011. Read the full article for more details.
The Mortgage Market in Alberta: Update
The last 12 months have been a challenge in the Canadian Mortgage Industry. In Alberta and across the country we have seen an interesting phenomenon occur made up of two components which are discussed in this article.
