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Mortgage 101

Credit
October 5, 20200Comments

How Much Credit Do You Need To Purchase A Home?

Love it or hate it, credit is a big part of purchasing a home. Let me start by answering all of your credit questions, right out of the gate. You

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Fundamental knowledge
October 5, 20200Comments

Calgary Real Estate Market Update: Turkey Edition.

Let's Look At Several Key Real Estate Statistics To Get A Sense Of Where Today's Home Prices Are And Where They Might Be Trending. Several Calgary Real Estate Board (CREB)

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First Time Home Buyers
September 4, 20200Comments

Interest Rate Differential Penalties Explained

When paying out a Mortgage, the lender will charge the greater of a three month interest penalty OR a interest rate differential penalty (IRD). This post is to explain

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Fundamental knowledge
September 2, 20200Comments

It’s Time!

Here is the process my clients go through to determine if lowering their Mortgage is financially beneficial for them. Please read top to bottom - no skipping :-). Prerequisite

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Fundamental knowledge
August 20, 20200Comments

Summer In The City: Real Estate Update

Calgary Real Estate Board (CREB) is at it again with another monthly report on Calgary's housing market. Here's what you need to know! You need to know what's happening with

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First Time Home Buyers
July 7, 20200Comments

Calgary Real Estate Report: June 2020

Look at month over month and year over year data for sales, sales to new listings ratio and absorption rates to anticipate near term price movements and understand market context.

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First Time Home Buyers
June 5, 20200Comments

It Happened …Again! Mortgage Rule Change

Canada Housing and Mortgage Corporation (CMHC) Announced Mortgage Rule Changes Taking Effect July 1st 2020. Here's What's Happening: Guys, this is BIG NEWS! I want to explain theses changes, how they

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Fundamental knowledge
June 4, 20200Comments

Inflation Down, As Expected. Bank Holds Rate Firm.

The Bank of Canada held it's overnight lending rate firm at 0.25%. Here is the Bank's policy announcement. When Are Announcements And How Does That Effect Mortgages? Eight times per

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Fundamental knowledge
June 4, 20200Comments

Spring Market Update 2020

What Is Happening With Calgary's Real Estate? Below Are Key Data Points To Help You Understand Where Prices Are, And Where They Might Be Headed! Businesses are re-opening, cars are

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