Best Season To Get A Mortgage

Best Season To Get A Mortgage

By the end of winter most Canadians are chilled to the bone. Once warmer weather starts to warm us up you’re likely to see Albertans soaking up the sun as much as possible. Whether they’re working on freshening up their pasty complexions, washing away the...

Overnight Rate Remains Unchanged

In their statement released today the Bank of Canada announced that they will not change the overnight rate. Currently sitting at 1.75% the overnight rate has remained unchanged since October of last year. The Bank had formerly been steadily increasing the overnight...

Bank of Canada Expected to Leave Rates Unchanged until late 2020

Earlier this month 40 economists participated in a Reuters poll which showed that the Bank of Canada is not likely to hike interest rates until the end of next year. In addition, the possibility of a rate decrease was listed at 40%. The reason for this is our sluggish...
Millennials Regret These Homebuying Mistakes

Millennials Regret These Homebuying Mistakes

Millennials are people born between 1981 and 1996. These people today are between the ages of 22 and 37, and worldwide they make up a large percentage of homeowners worldwide. In Canada more than 40% of homeowners are under the age of 35, and in Calgary in particular...
Low Rates Mean It’s Time To Refinance

Low Rates Mean It’s Time To Refinance

The overnight rate has been 1.75% since October and on Wednesday the Bank of Canada announced that it will remain unchanged. Speculators suggest that this will be the case for most of the rest of this year if not part of next year as well. What this means for your...
The Pre-Approval

The Pre-Approval

When you start your journey to buy your first home you’ll notice there is a lot of information on how to do it. You might feel a little overwhelmed and not sure where to start. Take it from us; the first step is a pre-approval. What is it? A mortgage...