4 Sep 2013

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Bank of Canada Rate Decision

Good morning, As you know, your variable rate mortgage, line of credit and/or student loans are all based on the Prime Rate and here is your personal update from me on the recent Bank of Canada announcement on changes to their Overnight Rate which in most cases impacts your Prime Rate. At 10:00 am EST, Wednesday September 4th, 2013, the Bank of Canada again did what we expected them to do … they continued to maintain their overnight rate. What this means to you is that once again the prime rate on your mortgage, line of credit or student loan will not change and remains…

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14 Aug 2013

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Avoiding Mortgage Penalties

Rising interest rates are imminent, so many are rushing to lock down their current low rates (which is…

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31 Jul 2013

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Short on cash? 5 things you’re...

Summers can be taxing on the wallet, and some of you may be feeling the crunch for extra…

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8 Aug 2013

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With the rental market tightening, now...

With the rental market in Calgary tightening and costs going up, it could be good news for home…

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24 Jul 2013

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How to Avoid Mortgage Fraud

A recent post on the Canadian Real Estate Magazine website, states that according to some experts, mortgage fraud…

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11 Jul 2013

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Financial Advice for Flood Victims

The floods in Alberta took more than an emotional toll on victims, it took a financial one as…

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17 Jul 2013

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Making the Case for Mortgage Brokers

You may have seen the new REALTOR® television campaign, which pushes the point ‘why do we think if…

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17 Jul 2013

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Bank of Canada maintains their...

As you know, your variable rate mortgage, line of credit and/or student loans are all based on the…

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4 Jul 2013

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Despite flood, June sets real estate...

Despite the tragic flooding in our city, and resulting market uncertainty, June was actually a record month for…

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26 Jun 2013

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No Flood Insurance: This may help

If you have been affected by the flood, you are probably quickly becoming frustrated with your insurance company…

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3 Jul 2013

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CREB: Flood Info Session Highlights

This afternoon, CREB held an online information session regarding the flood situation and its affect on homeowners, homes…

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29 Jun 2013

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RBC Hikes Mortgage Rates

Canadians are faced with yet another mortgage rate hike. RBC, Royal Bank of Canada, announced it would increase…

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25 Jun 2013

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Beware of the Wolf in Sheep’s...

When it comes to financing your new home or even working to renew your existing mortgage, who can…

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