Mortgage Blog
Your Calgary and Alberta Mortgage Expert
Bank of Canada maintains policy rate, continues quantitative tightening
December 6, 2023 | Posted by: M Pabla
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5.25% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. The ...
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Navigating the New Normal: How Remote Work is Reshaping the Canadian Mortgage and Real Estate Landscape
December 3, 2023 | Posted by: M Pabla
In recent years, we've witnessed a seismic shift in our work lives, notably the rise of remote work catalyzed by the COVID-19 pandemic. This change isn't just about swapping office desks for dinin ...
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Canada's New Updated Mortgage Charter
November 23, 2023 | Posted by: M Pabla
The Canadian Mortgage Charter spells out the rights consumers have when they are renegotiating mortgages. It calls on financial institutions to provide better relief measures over the next three y ...
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Understanding Fixed vs. Variable Rate Mortgages
November 15, 2023 | Posted by: M Pabla
If you're on the cusp of getting a mortgage, or if you're considering refinancing, you've likely encountered the terms "fixed rate" and "variable rate" mortgage. These are the two primary pathways i ...
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6 things to know about capital gains and taxes for people across Canada
November 2, 2023 | Posted by: M Pabla
So, you made some cash selling your property or stocks at a higher price than you bought them for? High five! But before you start celebrating, there's this thing called capital gains that might show ...
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Tips for Improving Your Credit Score Before Applying for a Mortgage
November 1, 2023 | Posted by: M Pabla
Tips for Improving Your Credit Score Before Applying for a Mortgage For many people, buying a home is a significant milestone in their lives. However, getting approved for a mortgage is ...
read moreBank Of Canada Rate Update October 25, 2023
October 25, 2023 | Posted by: M Pabla
Bank of Canada maintains policy rate, continues quantitative tightening The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5.25% and the deposit rate at 5% ...
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Fixed vs Variable Rate Mortgage
October 24, 2023 | Posted by: M Pabla
Fixed vs. Variable Rate Mortgages: Making the Right Choice for Your Home Choosing a mortgage is one of the most significant financial decisions you'll make when buying a home. One of the primary ch ...
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Mortgage Strategies in a Rising Interest Rate Environment
October 24, 2023 | Posted by: M Pabla
Hello dear readers, Let's have a coffee chat, shall we? If we were sitting in a cozy café, sipping on lattes (or your beverage of choice), today's hot topic of conversation would undoubtedly revol ...
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Leveraging Your Home Equity to Help Purchase a Home For Your Children: A Prudent Move?
October 6, 2023 | Posted by: M Pabla
Navigating Parental Assistance in Home Purchases The concept of parents aiding their children in stepping onto the property ladder is not a new one yet it is not ubiquitously adopted. A 2021 ...
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