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.,…
As we step into a new year, the Calgary real estate market is at a crucial juncture, with various factors shaping its trajectory. In this blog post, we bring you an in-depth analysis of the 2024 real estate outlook and how it might impact your decisions in the housing market. The Current Landscape After a…
As we continue to see new rules introduced, let’s look at how the qualifying rate comes into play with your mortgage qualifying numbers.
A brief look at the difference a year can make with regards to mortgage interest rates, economic instability and a pandemic.
Let’s have a look at some good news during these challenging times. Mortgage news with a positive twist!
The mortgage renewal rate you qualify for varies depending on the mortgage you have. We’ll explain insured, insurable, and uninsured mortgages and the differences and rates available to you at mortgage renewal time.
In this post we discuss why you should care about what is going on at the Bank of Canada, and how it might relate to your search to buy a home.
What does “prime rate” even mean? In this post, we define “prime rate” in Canada and talk about what that means for home buyers.
Let’s talk about the difference between a fixed and a variable rate, and what is the best choice for you.
What is a blended rate? And how is it different than a fixed or variable rate? In this post, we talk about the differences.