19 Oct 2016

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A breakdown of the mortgage changes in the last...

The mortgage industry has been abuzz this past month with major changes taking place and other notable news. If you’re confused about what has changed and how it will affect you, here’s a quick breakdown. Mortgage stress tests on insured mortgages: stress tests will be used for approving high-ratio mortgages on insured mortgages (less an 20 per cent down).  This is to assure lenders that home buyers could still afford mortgages if rates increased or their financial situations changed. The test also requires home buyers don’t spend more than 39 per cent of their income on home costs. This is in effect, as of October 17th.…

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12 Oct 2016

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Your Home Buying Journey Starts One...

One year before your mortgage approval comes through, you should be putting irons in the fire to get…

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6 Oct 2016

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Money-Saving Tips for Families on a...

This week is ‘National Family Week in Canada’, and unfortunately with the economy in Calgary over the last…

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28 Sep 2016

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60% of Albertans are living...

Earlier today, results from a Consumer Debt Survey hit the media, outlining the fact that 58 per cent…

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21 Sep 2016

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Oil and Housing in Alberta: the Latest...

With the sharp decline in oil recently, province across Canada are having a varied response in terms of…

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14 Sep 2016

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Renew or rethink?

Millions of Canadians have mortgages (approximately 5.7-million), so you could be one of the many who will be…

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8 Sep 2016

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The top 7 things to teach your kids...

Since September signals back to school, it’s time to focus on education, at home and at school. This…

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31 Aug 2016

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CMHC: Mortgage Loan Insurance is Up

Earlier this week, Canada Mortgage and Housing Corporation (CMHC) released their quarterly financial report on earnings and trends.…

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18 Aug 2016

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Debt delinquencies are up, what you can...

Today, Equifax announced that delinquency rates in Alberta have climbed, mainly due to the economic impact of the…

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11 Aug 2016

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Now is definitely the time to buy

As affordability rises again for the 20th month in a row, the buyers’ market in Calgary continues—now is…

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3 Aug 2016

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How to Save Money on Your Summer...

If you’re looking to save some money this summer, don’t worry. You can still enjoy a summer vacation…

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28 Jul 2016

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What Calgary Communities Offer Best...

Today, Avenue Magazine released their annual Best Neighbourhoods list, which chronicles the top 50 rated communities in Calgary…

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13 Jul 2016

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How to save money at Calgary Stampede...

the calgary stampede is midway through, and if your wallet is starting to hurt, here’s how you can…

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