16 Aug 2018

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Fixed or variable rate mortgages?

So, you’ve decided to buy a home, now what? Buying a house is usually the most expensive purchase in a person’s life, so it should be preceded with caution. Once you decide on the house and location, you must decide on a down payment amount and a mortgage rate that you can afford. A general rule of thumb is to put down 20 per cent of the house price so that you can reduce the amount of money you pay in interest; however, first time home buyers can put down as little as 5 per cent for a down payment if they so desire. When…

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17 Jun 2018

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The argument for variable rate mortgages

When searching for a home, choosing the right mortgage is a big part of the equation. Your mortgage…

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26 Apr 2018

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Millennials, saving and the 5 Cs of...

According to a new poll released by CIBC, most Canadian millennials haven’t even started to save for a…

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6 Dec 2017

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Bank of Canada leaves rates alone

Today, the Bank of Canada announced that rates would remain unchanged at one per cent, as they expect…

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9 Nov 2017

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Financial Literacy Month: Credit 101

November is celebrated in the financial community in Canada as ‘Financial Literacy Month’: This year’s FLM theme “Take charge…

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18 Oct 2017

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How to prepare for homeownership: a 12...

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

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4 Dec 2016

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The benefits of a refinance

Around this time of year, people are looking to save money wherever they can, including their mortgages. Some…

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11 May 2016

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Affected by the Alberta wildfires?...

As the devastation from the wildfires in Fort McMurray and surrounding areas continues to affect thousands of Albertans,…

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2 Oct 2013

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Mortgage Types: The Breakdown

When searching for a home, choosing the right mortgage is a big part of the equation. Your mortgage…

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28 Aug 2013

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Mortgage Insurance for Flood-Impacted...

CMHC (Canada Mortgage and Housing Corporation) continues to provide mortgage insurance to Albertans, but what’s changed if you…

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15 Jul 2015

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Why the Bank of Canada affects mortgage...

In case you missed all the buzz about it this morning, the Bank of Canada has cut their…

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