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 of Albertans are living paycheque-to-paycheque. More specifically, they are living with $200 a month of not being able to pay bills at all. Alberta’s debt continues to be the highest in the country, which is no surprise considering the economic climate in our province. The survey also found 53 per cent are concerned about their current debt levels, up 11 points since February; 35 per cent said they don’t make enough to cover their bills and debt payments, up 14 points; and nearly 40 per cent said…

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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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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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6 May 2013

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Loyalty doesn’t pay when it comes...

Consumers who renew without asking questions are being taken advantage of. Your loyalty to your bank is costing…

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2 Jun 2013

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Bank of Canada remains sidelined

As you know, all variable rate mortgages, lines of credit and/or student loans are all based on the…

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1 May 2013

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Buying or Selling a Home…Earn up...

Selling or purchasing a new home? Why not earn up to $2000 Cash Back in the process! Whether…

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10 May 2013

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Upward pressure on rates as bonds rally

Here we go… The bond market rally is squeezing spreads, placing upward pressure on the fixed interest rates.…

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12 Dec 2012

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BoC drove Canadians to lock in...

I had to laugh when I read an article titled BoC’s interest rate warnings drove homeowners to lock…

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10 Dec 2012

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Canadians borrowing less: who do you...

With articles being published suggesting the “Great Canadian Borrowing Binge is Winding Down” and another “Average consumer debt…

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5 Dec 2012

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Fiscal Cliff and it’s Impact on...

How Obama’s re-election and the fiscal cliff could impact real estate and mortgage rates. Now that Barack Obama…

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24 Oct 2012

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Bank of Canada Maintains Status Quo

The Bank of Canada remains committed to the status quo as global headwinds continue to restrain economic activity.…

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22 Oct 2012

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65% LTV HELOC Has Arrived

And so it begins… Effective September 4, 2012 National Bank is implementing the new Home Equity Line of…

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22 Oct 2012

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New Penalty Disclosures On The Way

In the past, financial institutions would not provide borrowers with the complex formulas and examples needed to accurately…

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