Mortgage Blog
Trusted Alberta Mortgage Solutions
Category: Mortgage (9 posts)
Bank of Canada Rate Update October 26, 2022
October 26, 2022 | Posted by: Bailey Coats
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 3.75%, with the Bank Rate a ...
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Best Ways to Plan for Your Down Payment
October 19, 2022 | Posted by: Bailey Coats
Best Ways to Plan for Your Down Payment Do mortgages seem unaffordable? These tips will help you plan for your down payment so you can start talking to a private lender mortgage broker in no time. ...
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How Mortgage Rates Affect Buying Power?
September 16, 2022 | Posted by: Bailey Coats
How Mortgage Rates Affect Buying Power? Do You Know How Your Mortgage Rate Affects Buying Power? To maximize your purchasing power, you should understand how interest rates impact your home buying p ...
read moreBank Of Canada Rate Update September 7, 2022
September 7, 2022 | Posted by: Bailey Coats
Bank of Canada increases policy interest rate by 75 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 3.25%, with the Bank Rate ...
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Should You Pay Off Your Mortgage Early?
August 24, 2022 | Posted by: Bailey Coats
It's a dream to be able to pay off your mortgage early, but is there a downside? While it sounds like a great idea, there are some factors to consider before doing so. This article will explore some o ...
read moreBank of Canada Rate Update June 1, 2022
July 14, 2022 | Posted by: Bailey Coats
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank R ...
read moreBank of Canada Rate Update July 13, 2022
July 14, 2022 | Posted by: Bailey Coats
As of 10AM EST on July 13, 2022, the Bank of Canada has increased the Overnight Rate by 1.00%. Variable rate mortgages, line of credits, student loans, and variable rate personal loans, are all based ...
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How a Mortgage Pre-Approval Can Protect You from Rising Rates
May 26, 2022 | Posted by: Bailey Coats
With interest rates rising, it's important to lock in a lower rate as soon as possible. You can do this with the right home mortgage pre-approval. Find out how! Do you plan on searching for and buy ...
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How is a Private Mortgage Different Than a Traditional Bank Mortgage
May 4, 2022 | Posted by: Bailey Coats
Understanding the difference between private mortgages and traditional bank mortgages can help you make the best decision for financing a new home. Each option provides the money to secure real estate ...
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