Mortgage Blog
Quality advice, quality service and the best mortgage rates
Why Bank of Canada is in no rush to cut interest rates
May 24, 2023 | Posted by: Angela Robinson
Bank of Canada Governor Tiff Macklem emphasizes that interest rates won't quickly return to previous low levels. Higher rates increase consumer debt and pose risks to the financial system, but the t ...
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Most New Homebuyers 'Very Worried' Next Term Will Bring Much Higher Monthly Payments
May 17, 2023 | Posted by: Angela Robinson
The Bank of Canada has held its key rate steady in April, however; the decision to raise interest rates eight times since the beginning of 2022, along with the subsequent increase in mortgage rates, h ...
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Long-term mortgage rates are falling. Is it time to lock in?
May 10, 2023 | Posted by: Angela Robinson
The recent collapse of Silicon Valley Bank and Signature Bank has led to a ripple effect that has impacted financial markets in the US and Canada. However, amidst the turmoil, Canadian banks and lende ...
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Payday Loans Are Borderline Criminal
May 3, 2023 | Posted by: Angela Robinson
A new study conducted by Hoyes, Michalos & Associates reveals that close to 100,000 Canadians, including nearly 35,000 Ontarians, filed a bankruptcy or consumer proposal in 2022, with almost ...
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Get The Cash You Need With A HELOC
April 26, 2023 | Posted by: Angela Robinson
Need cash for home renovations, debt consolidation, or a major purchase? Consider a Home Equity Line of Credit (HELOC). Unlike a traditional mortgage, a HELOC allows you to access funds up to a certai ...
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Should I Sell My House Now? 7 Great Reasons To List This Spring—and 3 Times You Might Want To Wait
April 19, 2023 | Posted by: Angela Robinson
As the spring selling season gets underway, homeowners are weighing the advantages of selling now, against the disadvantages of a stressed housing market. Home prices have remained cyclical, with the ...
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Edmonton home buyers seem poised to return to the spring market
April 13, 2023 | Posted by: Angela Robinson
A new report by Royal LePage suggests that home buyers in Edmonton who put their house-hunting plans on hold due to rising borrowing costs may return to the market in time for the traditionally busy s ...
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Mortgage Pre-approval
April 5, 2023 | Posted by: Angela Robinson
Attention Homebuyers! Ready to make your dream home a reality? Alberta Mortgage Professionals can help you find out how much you can afford for your home purchase. Our expert advisors can guide you th ...
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First home savings account: Banks say they’re not ready for an April 1 launch
March 29, 2023 | Posted by: Angela Robinson
A new savings vehicle for Canadians saving towards their first home purchase will technically be available starting April 1, but financial institutions who spoke to Global News say they won’t be ...
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How to Buy Your First Home Without Making These Mistakes
March 22, 2023 | Posted by: Angela Robinson
If you’re a first-time home buyer in Canada, there are several things you need to know before starting your search. Purchasing a home can be a daunting task, but it doesn’t ha ...
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