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Negative Amortization
Negative Amortization is a unique “feature” of a fixed payment variable rate mortgage when monthly payments fail to cover interest and principal, resulting in a growing loan balance.
Inflation Explained
Navigating the Approval Process: Your Path to Mortgage Approval with a Calgary Mortgage Broker
Getting pre-approved for a mortgage is a crucial step in the home-buying process. It provides you with an estimate of the loan amount you may qualify for, helping you set realistic expectations and empowering you during your property search. To help you understand the...
How to Qualify for a Mortgage
Want to know what it takes to qualify for a mortgage. Learn what it takes here.
Want to know about a specific topic.
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- Explained
- Debt Service Ratios: GDS & TDS
- Explained: How Mortgages are Approved
- Explained: Mortgage Penalties and Interest Rate Differential (IRD)
- Explained: Mortgage Stress Test
- Gross Domestic Product
- Inflation Explained
- Mortgage Default Insurance Explained
- Navigating the Approval Process: Your Path to Mortgage Approval with a Calgary Mortgage Broker
- Negative Amortization
- Overnight Rate
- Products
Our Most Recent Articles
August Inflation Data and Mortgage Rates
Discover the impact of Canada’s August 2023 4.0% inflation on mortgages. Rising rates and housing market shifts examined. Stay informed for financial decisions.
Bank of Canada Governor Speaks in Calgary
Explore Governor Tiff Macklem’s insights on interest rate changes and inflation’s impact on Calgary mortgages in this informative article. Stay informed for smart financial decisions
Mortgage Minute 27: Bank of Canada Holds Rates Steady
The BOC Holds Rates Steady As expected, the bank of Canada held its interest rate today after increasing back in July.I know that sometimes it feels like the interest rates are not going to stop increasing. Some of us may have flashbacks to, or may have family members...
Discussing the Rate Announcement with Realtor Jay Lewis
Right after the September 6, 2023 Rate Announcement by the Bank of Canada, Josh Tagg with Mortgages for Less and Jay Lewis with ReMax Excellence in Edmonton got together to discuss this announcement, and what is going on in the Real Estate Market in Edmonton. Full...
30 Year Mortgage Amortizations
Discover the possibilities of 30-year mortgage amortizations in Canada. Explore options, advantages, and the potential return of extended terms for your home financing needs.
Desjardins: Canada May Enter Recession until 2024
Discover Desjardins Bank’s Insights: Canada’s Looming Recession and Global Economic Risks. Explore key findings, recession predictions, and financial forecasts in this comprehensive analysis. Stay informed about the economic landscape.
Are Interest Rates about to DROP?
Canada’s 5-year bonds drop below 4%, impacting mortgage rates. US economic indicators show job market strain. Bank of Canada rate hike prospects scrutinized ahead of GDP data release.
Alberta Housing Market: July 2023
The Alberta housing market displayed resilience with record July sales, stable prices in Calgary, and supply-demand dynamics, influenced by economic sector shifts, reflecting optimism and growth.
Canada’s 5-Year Bond Rate Surpasses 4%: Implications for Fixed Rate Mortgages
Canada’s 5-year bond rate surpasses 4%, triggering fixed mortgage rate increases, impacting borrowers and buyers, and prompting uncertainty about the Bank of Canada’s actions.