November 4, 2026
Edmonton Housing Market Update (October 2026): Is Edmonton a Buyer’s Market Now?
Greater Edmonton's median home price was $423,000 in October 2026, down 1.9% from a year ago. Condos hit 6.7 months
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Welcome to the Mortgages for Less blog! Here, you'll find expert advice, industry news, and helpful tips to guide you through every step of your home financing journey. Whether you're a first-time homebuyer or looking to refinance, our blog is your go-to resource for staying informed and making smart mortgage decisions.
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November 4, 2026
Greater Edmonton's median home price was $423,000 in October 2026, down 1.9% from a year ago. Condos hit 6.7 months of supply, a buyer's market. Stats and video.November 4, 2026
A Calgary web developer bills a US company in US dollars. Her lender qualified her on Canadian tax returns, and she bought a $640,000 first home with 6% down.November 2, 2026
Start about 120 days before your 2027 renewal date. For a February renewal, that window is already open. Here's the timeline, the rules and what half a point costs.
October 30, 2026
A real Alberta first-time-buyer case study: a newcomer on a non-permanent healthcare income bought a $245,000 Edmonton home on her own, after the right lender qualified her on her current pay instead of a two-year average.
October 29, 2026
She co-owns six mortgage-free rentals, so her file looked hard. She qualified on income alone and bought a $1.045M Calgary home in a month on one tax return.October 29, 2026
The Bank of Canada raised its rate to 2.50% on Oct. 28, 2026. Variable and HELOC rates rise with prime; fixed rates don't change until your term ends.October 28, 2026
The Bank of Canada raised its rate to 2.50% on October 28, 2026. Prime is 4.70%. Variable payments rise about $13 a month per $100,000. Is variable still cheaper?
October 26, 2026
Alberta's average insured buyer paid about $485,000 on a $129,000 income. Homes cost 8% less than the national average, but incomes are 5% lower, so the edge is 3%.October 26, 2026
At one Canadian mortgage insurer, Calgary and Edmonton rank #1 and #2 for insured high-ratio mortgages. Alberta: 12% of people, a quarter of its book.
Read more- Read moreNovember 4, 2026
Can you get a mortgage in Calgary when your income comes from a US client?
A Calgary web developer bills a US company in US dollars. Her lender qualified her on Canadian tax returns, and
- Read moreNovember 2, 2026
Your Mortgage Renews in 2027: When Should You Start Shopping?
Start about 120 days before your 2027 renewal date. For a February renewal, that window is already open. Here's the
- Read moreOctober 30, 2026
How a Newcomer Bought Her First Edmonton Home on One Modest Income
A real Alberta first-time-buyer case study: a newcomer on a non-permanent healthcare income bought a $245,000 Edmonton home on her
- Read moreOctober 29, 2026
Buying a Home When You Already Own Several Rental Properties: A Clean Calgary Approval
She co-owns six mortgage-free rentals, so her file looked hard. She qualified on income alone and bought a $1.045M Calgary
- Read moreOctober 29, 2026
The Bank of Canada just raised rates. What happens to my mortgage?
The Bank of Canada raised its rate to 2.50% on Oct. 28, 2026. Variable and HELOC rates rise with prime;
- Read moreOctober 28, 2026
The Bank of Canada Raised Rates to 2.50%. What It Costs You, and Is Variable Still Cheaper?
The Bank of Canada raised its rate to 2.50% on October 28, 2026. Prime is 4.70%. Variable payments rise about
Read moreOctober 26, 2026Is Alberta Still Affordable for First-Time Buyers? What the Insured Mortgage Data Shows
Alberta's average insured buyer paid about $485,000 on a $129,000 income. Homes cost 8% less than the national average, but
- Read moreOctober 26, 2026
Why Calgary and Edmonton Are Canada’s Two Biggest Cities for First-Time Buyer Mortgages
At one Canadian mortgage insurer, Calgary and Edmonton rank #1 and #2 for insured high-ratio mortgages. Alberta: 12% of people,
