27 Nov 2014

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What is home equity, how can you use it?

There are lots of benefits to homeownership, especially right now in Calgary’s market with rental prices skyrocketing, why not pay less per month and pay your own mortgage instead of someone else’s? Plus, when you own a home, you’re building equity and the freedom to use that equity towards financing elsewhere. To explore this concept, let’s answer a couple questions: What is home equity? It is the market value of a homeowner’s unencumbered interest in their property, also known as real property value. With each mortgage payment you make, you’re building equity in your home. You can think of this equity as a source of…

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19 Nov 2014

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CAAMP Fall Mortgage Report: Highlights

Each year the Canadian Association of Accredited Mortgage Professionals (CAAMP) puts out an annual report on the mortgage…

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12 Nov 2014

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Financial Literacy Month: Home...

November is Financial Literacy Month in Canada, and it’s a great opportunity to understand a bit more about…

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5 Nov 2014

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New Video Series Helping Homebuyers

November is Financial Literacy Month in Canada, and The Canadian Real Estate Association (CREA) has used this month…

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