Our Blog

Category: Mortgage (23 posts)

  • July 13, 2022 @ 6:05 PM
  • Posted by Sherry Jenkins

Bank Of Canada Rate Update July 13, 2022

Bank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 2.5%, with the Bank Rate

  • June 1, 2022 @ 3:54 PM
  • Posted by Sherry Jenkins

Bank Of Canada Rate Update June 1, 2022

Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 1.5%, with the Bank Rate at

  • May 26, 2022 @ 6:24 PM
  • Posted by Sherry Jenkins

How a Mortgage Pre-Approval Can Protect You from Rising Rates

With interest rates rising, it's important to lock in a lower rate as soon as possible. You can do this with the right home mortgage pre-approval. Find out how! Do you plan on searching for and buy

  • May 4, 2022 @ 5:30 PM
  • Posted by Sherry Jenkins

How is a Private Mortgage Different Than a Traditional Bank Mortgage

Understanding the difference between private mortgages and traditional bank mortgages can help you make the best decision for financing a new home. Each option provides the money to secure real estate

  • April 13, 2022 @ 4:49 PM
  • Posted by Sherry Jenkins

Bank Of Canada Rate Update April 13, 2022

Bank of Canada increases policy interest rate by 50 basis points, begins quantitative tightening The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1% a

  • March 2, 2022 @ 3:47 PM
  • Posted by Sherry Jenkins

Bank Of Canada Rate Update March 2, 2022

Bank of Canada Increases Policy Interest Rate The Bank of Canada today increased its target for the overnight rate to ½ %, with the Bank Rate at ¾ % and the deposit rate at ½ %.

  • January 26, 2022 @ 4:37 PM
  • Posted by Sherry Jenkins

Bank Of Canada Rate Update January 26, 2022

Bank of Canada maintains policy rate, removes exceptional forward guidance The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ %, with the Bank Rate at ½

  • January 19, 2022 @ 9:32 PM
  • Posted by Sherry Jenkins

Top 10 Questions to Ask Your Mortgage Broker in Alberta

Top 10 Questions to Ask Your Mortgage Broker The mortgage world can sometimes be difficult to navigate when buying a home. However, an experienced Mortgage Broker can help walk you through the proces

  • January 5, 2022 @ 6:37 PM
  • Posted by Sherry Jenkins

How Much of A Mortgage Can You Afford?

How Much of a Mortgage Can You Afford? Mortgage Application: How Much of A Mortgage Can You Afford? The mortgage application process involves a buyer's due diligence in calculating how much mortgage

  • December 15, 2021 @ 7:34 PM
  • Posted by Sherry Jenkins

Prequalification and Pre-Approval—What is the Difference? Home Buying in Alberta

What is the Difference Between Pre-Qualification and Pre-Approval? Prequalification and Pre-Approval-What is the Difference? Prequalification is a basic review of the borrower's information to deter

  • December 8, 2021 @ 5:53 PM
  • Posted by Sherry Jenkins

Bank Of Canada Rate Update December 9, 2021

Bank of Canada maintains policy rate and forward guidance The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent an

  • November 24, 2021 @ 6:50 PM
  • Posted by Sherry Jenkins

What to do if You Are Denied a Mortgage

What to do if You Are Denied a Mortgage Main reasons Why your mortgage application is Denied and What to do If Mortgage lenders reject Yours Mortgage lenders often reject loan application requests f

  • November 3, 2021 @ 3:17 PM
  • Posted by Sherry Jenkins

How to Know if it's Time to Refinance

How to Know if it's Time to Refinance According to mortgage advisors, mortgage refinancing is one of the ways to make and save money from your home loan. When done right mortgage refinancing benefits

  • October 27, 2021 @ 5:34 PM
  • Posted by Sherry Jenkins

Bank Of Canada Rate Update Oct 27, 2021

Bank of Canada maintains policy rate and forward guidance, ends quantitative easing The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with t

  • October 6, 2021 @ 5:40 PM
  • Posted by Sherry Jenkins

What Is Home Equity and How Can I Build It?

Home equity is an essential asset for creating wealth and income. Learn how home equity is calculated, why it's important, and five steps you can take to build it. As you make monthly mortgage paymen

  • September 8, 2021 @ 3:16 PM
  • Posted by Sherry Jenkins

Bank Of Canada Rate Update Sept 8, 2021

Bank of Canada maintains policy rate, continues forward guidance and current pace of quantitative easing The Bank of Canada today held its target for the overnight rate at the effective lower boun

  • August 18, 2021 @ 6:27 PM
  • Posted by Sherry Jenkins

Getting a Mortgage as a Student

Purchasing a home is most likely one of the most sizable purchases most of us will ever make, and finally, buying a home is a dream come true for most. For students, it may seem like this dream is fo

  • August 4, 2021 @ 4:42 PM
  • Posted by Sherry Jenkins

What Happens if You Lose Your Job Before Closing?

A job loss a few days or weeks prior to closing your home purchase can be distressing; especially when you have no alternative source of income. Getting a new job can ease the situation, but it's not

  • July 21, 2021 @ 5:13 PM
  • Posted by Sherry Jenkins

How a Funding Condition Can Secure Purchasers From Financial and Legal Penalties in Alberta

When you make a deal to buy a home, in addition to thinking about how much money to provide, you likewise need to think about any conditions that you want to include. Some common conditions deal with

  • July 14, 2021 @ 6:40 PM
  • Posted by Sherry Jenkins

Bank Of Canada Rate Update July 14, 2021

Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ perc

  • July 7, 2021 @ 7:32 PM
  • Posted by Sherry Jenkins

Risks of Putting Down a Firm Offer with a Pre-Approval Alberta

Risks of Putting Down a Firm Offer with a Pre-Approval Today, the real estate market is competitive and homebuyers need all the help they can get to secure their home at the right price. Once you fin

  • June 28, 2021 @ 3:25 PM
  • Posted by Sherry Jenkins

Low Rates in Alberta Helping Buyers Pay Off Their Mortgages at Record Pace

Home prices may be astronomical in certain parts of the country, but historically low mortgage rates are allowing borrowers to pay off their mortgages faster than ever. At today's average rates, 61%

  • June 9, 2021 @ 5:37 PM
  • Posted by Sherry Jenkins

Bank Of Canada Rate Update June 9, 2021

Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing The Bank of Canada today held its target for the overnight rat