Are you considering refinancing your home in Alberta in 2024? It’s a big decision, and we’re here to help you navigate the process. Our comprehensive guide will cover everything you need to know about this important financial move. Refinancing your home can be a smart financial move, and 2024 is an […]
The Ultimate Guide to Getting Your First Home in 2024
In the ever-evolving world of real estate, the dream of becoming a homeowner remains a timeless aspiration. As we step into the promising year of 2024, the prospect of acquiring your first home is filled with excitement and anticipation. This comprehensive guide will help you navigate the complexities of the real […]
Coaldale Mortgage Broker: Your Trusted Partner in Home Financing
A Local Touch As your trusted Coaldale Mortgage Broker, we bring a deep understanding of the local real estate market. We are well-versed in the unique dynamics of Coaldale and have a keen eye on the evolving trends in the area. This local expertise enables us to provide tailored solutions that […]
Assess Your Financial Situation: Review your credit report and score. A good credit score can help you qualify for better mortgage rates. Calculate your budget by assessing your income, expenses, and savings. Determine how much you can comfortably afford for monthly mortgage payments and other homeownership costs. Research Mortgage Options: Learn […]
Why it is Important to Plan Your Mortgage Renewal Early
Planning your mortgage renewal early is important for several reasons: Time to research and compare options By starting the process early, you give yourself ample time to research and compare different mortgage options available in the market. This includes exploring different lenders, interest rates, terms, and features. Rushing the decision can […]
Mortgage Pre-Approval in Alberta: The Ultimate Guide in 2023
Introduction Welcome to the world of homeownership! At the Mortgage Centre, we are dedicated to helping you achieve your dreams of owning a home. One crucial step in this exciting journey is obtaining a mortgage pre-approval. In this comprehensive guide, we will walk you through the ins and outs of mortgage […]
Why Use A Mortgage Broker? As Fort MacLeod mortgage professionals who have been helping people in the city and its surrounding areas find the perfect mortgage for years, our team is constantly asked numerous questions. Questions regarding what exactly we do as mortgage brokers, how we differ from a direct lender and how […]
Fixed vs Variable Mortgage Rates: Which One is Right for Canadians?
If you’re in the market for a mortgage, you’ve likely come across the terms “fixed” and “variable” when it comes to interest rates. But what do these terms mean, and which one is right for you? In this article, we’ll explore the differences between fixed and variable mortgage rates, as well […]
A mortgage pre-approval and pre-qualification are two terms that are often used interchangeably, but they actually refer to different stages of the mortgage application process. Understanding the difference between the two can help you make informed decisions when you are shopping for a mortgage. Pre-Qualification: A pre-qualification is a preliminary assessment […]
As we look at what is in store for us for 2022, we have a few fun things to share! From the Pantone of the Year to help you spruce up your home to housing market predictions and tips for improving your financial direction, let’s make 2022 your best year yet! […]
It’s easy to forget the power of leverage. With $100,000 of income, a creditworthy borrower can now qualify for almost three times the mortgage they did in the early 1980s. Decades of falling interest rates and expanding credit availability have made that possible, while acting as a giant lever for home […]
Increased HELOC use could lead to higher insolvencies: Equifax
Overall consumer debt now stands at $2.15 trillion High mortgage growth and low interest rates have resulted in greater uptake for home equity lines of credit (HELOC) — which could be problematic, warns Equifax Canada. The credit monitoring company’s most recent consumer trend report found new HELOC volume increased by 56.7% […]
Working remotely across the country or outside of Canada? What that means for your taxes – National | Globalnews.ca
As provinces try to reopen their economies across the country and ease into the process allowing some businesses to bring back employees to the workplace, one unintended consequence of the COVID-19 pandemic may linger on for the foreseeable future. A vast amount of Canadians sent home to work remotely during the pandemic now […]
Millennial Money – How to Handle Mixed Income Friendships – Tips for navigating a millennial’s financial well-being
Finally, as the country reopens, you’re likely seeing more of your friends. Out with the video chatting and in with the high-fiving, hugging and, well, spending.
Here’s how to reenter the world of socializing and spending while keeping friendships and finances intact.