interest rates

Alberta Mortgage & Real Estate State of the Union - May 2023

After a creative break, I decided it was time to give ya'll an update on the mortgage market and how real estate is performing in...

The Stress-Busting Tip No One in Real Estate is Talking About

Rising interest rates. Inflation. Recession. A competitive housing market. The return of Covid?(!) Is it me, or does everything feel a...

Thinking of Buying a Home in Alberta but Worried About Recession? This One's for You

Many economists are now predicting a recession for Canada. The Bank of Canada has certainly signalled they are done with rising interest...

Do I Have to Commit to One Mortgage Broker? (Hint: This Isn't Tinder)

I know, I know. You want to make sure you get the best rate. Well, first of all, that's my job, not yours. But more importantly, don't...

Front-loading Mortgage Risk Today Could Save You Money Later

Sometimes it's beneficial to do the hard thing today so you may ride the 'easy train' later. In today's increasing rate environment, this...

Mortgage Renewal Coming Up? Consider This Before You Sign it Back!

Five years ago you signed a mortgage to buy a home (or renew an existing mortgage). Is your life the same as it was 5 years ago? Has your...

Did Someone Say Recession? This Alberta Mortgage Broker is STILL Not Worried

As always, the headlines abound with stories of doom and gloom for the Canadian economy and its real estate. Here's the reality: Prime...

The True Cost of a Fixed Rate Mortgage: Are You Aware of These Payout Penalties?

Six out of ten borrowers break their mortgage before the term is up. Why would the lender let you off the hook for lost profit?

1% Rate Hike! Are the 80s Back? Here's What's Different and What You Can Do Right Now

Are we in for an 80s-style economic meltdown? Can Canadians weather the storm? Fact is, this time is different (really!). While we are in...

Should You 'Lock In' Before the Next Jumbo Rate Hike?

A lot of borrowers are losing sleep over the next interest rate hike. And it certainly doesn't help that the Internet is yelling at...

Canadian Interest Rate Hikes, Oh My! Is it Time to Panic?

The rate environment is shifting under our feet and frankly, there is a generation of Canadians who aren't accustomed to increasing...