Mortgage BrokerYEG
The importance of choosing the right mortgage features
A common mistake some mortgage shoppers make is focusing entirely on getting the lowest rate. Don’t get me wrong, a low rate is...
top of page
.png)
Edmonton Mortgage Blog
Mortgage BrokerYEG
- Oct 19, 2022
- 2 min
What Borrowers Look For In A Mortgage
A growing number of mortgage consumers are looking for features beyond just a great rate. Just 13% of mortgage holders said rate was...
Mortgage BrokerYEG
- Sep 23, 2022
- 3 min
Is Co-Ownership Right For You?
With interest rates rising, along with the overall cost of living, more people are turning to creative options to achieve homeownership....
Mortgage BrokerYEG
- Sep 5, 2022
- 3 min
What we can learn from the economy conditions 10 years ago
Written by Mark Kerzner, President & CEO TMG The Mortgage Group Do any of the following questions relating to our current economic...
Mortgage BrokerYEG
- Sep 1, 2022
- 3 min
Understanding Down Payments
For many homebuyers, the down payment is the biggest hurdle along the path to homeownership. This is especially true for first-time...
Mortgage BrokerYEG
- Aug 22, 2022
- 2 min
Collaterol Charge Mortgages
I came across a co-workers blog tonight on Collaterol Charge Mortgages and it is still a perfect explanation so I asked to post it here....
Mortgage BrokerYEG
- Jul 17, 2022
- 2 min
What has Happened Historically after Large Prime Rate Increases?
OH you guys I found some amazing STATS! They can make sense to everyone and are purely factual which is why I can never contain my...
Mortgage BrokerYEG
- Jul 13, 2022
- 5 min
Bank of Canada Increases Overnight Rate by 1%
The below is directly from the Bank of Canada on the reasonings for the rate change. Bank of Canada link FIRST THOUGH, A QUESTION TO...
Mortgage BrokerYEG
- Jul 11, 2022
- 5 min
Fixed vs. Variable Mortgages
Things I want you to know about the fixed vs.variable debate, let's get right to it. 😊 Fixed mortgage features (main ones) #1 - fixed...
Mortgage BrokerYEG
- Jul 5, 2022
- 2 min
Regulators Announce Changes to Home Equity Lines of Credit
Last week, Canada’s banking regulator unveiled new rules that will govern how borrowers may use Home Equity Lines of Credit (HELOCs). ...
Mortgage BrokerYEG
- Jul 4, 2022
- 5 min
Knowing the Important Mortgage Terms
Buying a home is a big investment. With so much at stake, it’s important learn what you can about the home buying process as well as...
Mortgage BrokerYEG
- Jun 2, 2022
- 3 min
House Price Growth to Moderate but Remain Elevated this Year, Says CMHC
Despite rising interest rates, Canada’s national housing agency says it expects the pace of growth for both home sales and prices to...
Mortgage BrokerYEG
- Jun 2, 2022
- 1 min
If the Benchmark Rate is the Same, Why is it Harder to Qualify?
In 2016 when the Government mortgage stress test rate was introduced, the rules around it were to qualify under the HIGHER of: 1) The...
Mortgage BrokerYEG
- Jun 2, 2022
- 2 min
How do Mortgage Rates Come to be?
Fixed and variable mortgage rates follow different indicators. Fixed rates follow the bond market and variable mortgages follow prime...
Mortgage BrokerYEG
- Feb 27, 2022
- 2 min
Inflation Hits 30-Year High, Driven in Small Part by Rising Home Prices
If there was any remaining doubt about a Bank of Canada rate hike at its next meeting in March, that quickly evaporated with the release...
Mortgage BrokerYEG
- Feb 15, 2022
- 1 min
Why do Accelerated Mortgage Payments Make a Difference?
We know accelerated payments are best for our mortgage payments, but why is that? Click here.
Mortgage BrokerYEG
- Feb 8, 2022
- 4 min
Unconditional Property Offers - What You Need To Know
It's still a sellers market so competing comes with the territory, this article will help you understand the risks of making an...
Mortgage BrokerYEG
- Jan 22, 2022
- 1 min
My mortgage is coming up for renewal, but I want to move within a few years?
At the end of the day, no one knows what rates or qualifying guidelines will be in the future. We don't even know how our own lives may...
Mortgage BrokerYEG
- Jan 4, 2022
- 2 min
What To Expect From Canada's Real Estate Market in 2022
First I'd like to wish you a very happy, healthy and prosperous 2022! Not many forecasters anticipated the extent of the housing...
Mortgage BrokerYEG
- Dec 29, 2021
- 2 min
What You Need To Know About The Bona Fide Sales Clause
Bona Fide Sales Clause for a better rate..yes or no?
bottom of page