From the category archives:

Calgary Mortgages

Mortgages in Calgary – What First Time Buyers Should Know

March 17, 2011

With mortgages in Calgary at low rates, many people are taking advantage and shopping for their first home. The home-buying process, although exciting, can be confusing for first time buyers. Because your home is one of the biggest investments you’ll probably make, having everything in order before you start house hunting is crucial.

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Mortgage Myths – What Calgary Mortgage Brokers Say

March 15, 2011

If you’re thinking of purchasing your first home, you may have already heard a number of do’s and don’ts regarding mortgages. However, there are many mortgage myths floating around that can end up costing first-time homebuyers more money in the long run, or in some cases even make it so they are not approved for [...]

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Foreclosure Cases Lead Mortgage Renewals In These Tumultuous Periods

March 6, 2011

A mortgage lead in these times has more to do with a bail out effort than a business dealing, as mortgage default lead mortgage applications by a wide margin. All across the USA 100s of 1000s of properties are being lost to foreclosure. The Real Estate market in United States is almost as light as [...]

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Financing Your Mortgage and Personal Debt to Pay It Down Faster – Series 2

March 5, 2011

Welcome to part two! Financial equalization is new, available and as more people become aware that it’s out there, it has been gaining a lot of interest as Canada’s alternative financial plan for the 21st century. How it works is rather unique and it’s being hailed the mortgage killer for good reason, because your mortgage joins forces with your [...]

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Reverse Mortgages: All You Need To Know

February 26, 2011

A lender’s promise of fast cash and no monthly payments make reverse mortgages an attractive alternative for cash-strapped seniors who are house-rich but cash-poor. Offered to homeowners over the age of 62 (in Canada), reverse mortgages allow seniors to convert the equity of their home to finance living expenses, home improvements or other needs. It [...]

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The Top 3 Canadian Mortgage Mistakes and How to Avoid Them

February 23, 2011

You can put thousands of extra dollars in your pocket if you know how to get great mortgage rates. It isn’t surprising when you learn that the average person can spend as much as between $500,000 to $1,000,000 in their lifetime on mortgage payments alone. In it’s quite typical, to pay for your loan 4 [...]

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How to Buy a House in Canada

January 14, 2011

When buying real estate, you do not want to make any mistakes. Being well-informed is key. If you are visiting the country, and want to buy a house in Canada, it is smart to be aware of the financial and legal aspects involved. Find Yourself a Reputable Agent You would not go on safari without [...]

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The Canadian Mortgage Rates Cheatsheet

January 10, 2011

$2,500,000 – That’s how much the average person spends in their lifetime. As much as 40% of that can go towards your mortgage payments alone. A simple rate change can result in 10s of $1000s in your pocket over the course of your lifetime. The problem is that there aren’t many things that, save moving, [...]

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Beware of the Hidden Costs in a Calgary Mortgage

December 7, 2010

Some first time homebuyers are shocked at their closings when they are asked to write cheque after cheque for additional costs about which they were totally unaware.  While in many cases getting a Calgary mortgage through a trained mortgage specialist ensures you are informed of all the added costs in the mortgage, this is not [...]

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The Real Estate Market in Canada Could See a Return to a Normal Situation

December 4, 2010

By Stefan Hyross Contingent on who you ask, you will find varying opinions on when and how the Canadian housing market will cool down from its recent spectacular climb. For instance, TD Bank economist Pascal Gauthier plainly said in an interview with “Globe and Mail” this month that even though housing prices will continue to [...]

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