Why Mortgage Ethics Matter in Today’s Market At Canadian Mortgage Professionals, ethics are more than a guideline—they are the backbone of how we operate. For over 35 years, we have helped thousands of Calgarians secure their homes and financial futures, always putting integrity first. When you choose a mortgage broker, you deserve a partner who…
Homeownership remains a major aspiration for many Canadians – but increasingly, it’s becoming more difficult to achieve. According to a recent survey by NerdWallet Canada, featured on BNN Bloomberg, one in three Canadians say that saving for a down payment is the number one reason they can’t buy a home. At Canadian Mortgage Professionals Inc.,…
(Yes – these are real mortgage questions we’ve heard, and yes – we love answering them.) At Canadian Mortgage Professionals, we’ve helped thousands of clients across Alberta navigate the mortgage process—and along the way, we’ve heard everything. From first-time home buyers to curious refinancers, some of the questions that come our way are thoughtful, some…
When it comes to mortgages, flashy rates can grab your attention—but they don’t always tell the full story. Sometimes, the details buried in the fine print can result in unexpected fees, conditions, or restrictions that may impact your financial plans. At Canadian Mortgage Professionals, we’re committed to clear, transparent mortgage guidance—so you can move forward…
Securing the best mortgage rate in Calgary requires more than just checking lender websites, it involves understanding market trends, maintaining strong financial health, and working with an experienced mortgage broker. At Canadian Mortgage Professionals, we specialize in helping homebuyers and homeowners navigate Calgary’s mortgage market, ensuring you secure the lowest possible rate with the right…
When it comes to securing a mortgage, one of the biggest decisions you’ll make is choosing between working with a mortgage broker or going directly to a bank. While both options can help you finance your dream home, there are distinct advantages to working with a Calgary-based mortgage broker, especially if you’re looking for personalized…
Recent changes to mortgage rules, announced by Finance Minister Chrystia Freeland, are designed to help more Canadians—especially younger ones—achieve the dream of homeownership. These changes, set to take effect in December, aim to provide greater flexibility and opportunity for homebuyers in today’s evolving housing market. Boosting the Price Cap for Insured Mortgages One of…
Recent reports have brought to light an increasing concern for many Canadian homeowners: rising mortgage delinquencies and negative amortizations, particularly with variable-rate mortgages (VRMs). As prime rates have increased over the past two years, many homeowners with VRMs have found themselves in a challenging situation where their mortgage payments do not adjust with the changing…
When it comes to getting approved for a mortgage, the type of debt you carry can significantly influence a lender’s decision. Lenders typically assess debt in one of two ways: either by considering the entire balance and calculating it into monthly payments or by factoring in the actual monthly payment impact on your cash flow.…
Renovating your home can be an exciting prospect, whether you’re a first-time home buyer, or a seasoned homeowner. Renovations can enhance your home’s layout, update spaces, and even add value to your property. However, financing large-scale renovations can be a challenge if you don’t have the cash on hand. Here’s how you can incorporate renovation…