Author Archives:

About MortgageMarkHer

1 of Canada's top-10 mortgage brokers for last 3 years. 1 of 4 brokers with a Masters Degree in Finance.

Dont get excited about BMO’s 2.99% mortgage again.

Posted on March 8, 2012

BMO is bringing back the 2.99% mortgage again. Don’t get worked up about it. It is just as super-restricted as it was before, 25 year am max and there is a Due on Sale clause causing a need for a … Continue reading →

Posted in Uncategorized | Tagged , , , | Leave a comment

Alberta MLS sales activity to top Canada for next two years: 6.8% hike in 2012

Posted on March 5, 2012

This is great news! CALGARY — Alberta MLS sales activity is forecast to show the biggest year-over-year gains in the country in the next two years, according to the Canadian Real Estate Association. In a report released Monday, CREA said … Continue reading →

Posted in Uncategorized | 2 Comments

Immigrants the proudest Canadians, poll suggests

Posted on February 16, 2012

We love people that are New to Canada. New immigrants are 20% of our business. There are lots of tricks on what is needed to get a mortgage for them and not all banks do these files BUT WE ARE … Continue reading →

Posted in New-to-Canada Programs | Tagged , , , , , , , | Leave a comment

Banks Have Canceled their 4-year Promos – Rates on the rise.

Posted on February 10, 2012

Still time to get a rate hold at the old rates if you hop to it. The banks 2.99% four-year fixed promotions were intended to last until February 29. RBC and others have cancelled them early. The nation’s banks rates … Continue reading →

Posted in Bank rates, Uncategorized | Tagged , , , , , | Leave a comment

Burgeoning Calgary population to fuel demand in housing market & the West is now bigger than the East!

Posted on February 9, 2012

The migration West continues! Just yesterday Canada Census noted that for the first time in history the West has more people than the East -  sure it is only by 0.1% but hey … it’s official. The migration continues mostly … Continue reading →

Posted in economy, invest | Tagged , , , , , , , | Leave a comment

Alberta job growth outpacing Canada: Statistics Canada

Posted on February 3, 2012

This is great news – but a bit old as everyone in Alberta is aware of their friends getting great jobs, without interviews, for more than they were expecting! And all those people are buying homes which will support the … Continue reading →

Posted in Uncategorized | Tagged , , , , | Leave a comment

New Canadian Mortgage Rules are Possible

Posted on February 1, 2012

Below is a commentary on the possible new rules for Canadian mortgages. Anyone looking at buying with 5% down (which is about 80% of our clients) or using a 30 year amortization (75% of our clients) should look at buying … Continue reading →

Posted in Bank rates, investment rental property, new home owner | Tagged , , , , , , , | Leave a comment

CIBC Being Sued: Unfair payout penatly calculations continue

Posted on January 19, 2012

This is interesting. We have always thought that the way they do their math was odd or different or something. Another reason to use a good Calgary broker that has other options than the Big 6 banks that continue to … Continue reading →

Posted in bank, Bank rates, Uncategorized | Tagged , , | Leave a comment

Canada’s East-West economic divide deepens

Posted on January 11, 2012

As the divide gets greater the West continually does better. Alberta is the best place to live and do business in North America right now. That creates home demand and supports home prices. This is from the Globe and Mail: … Continue reading →

Posted in Uncategorized | Tagged , , , , , | Leave a comment

Credit Score Info – this is great data

Posted on January 6, 2012

Below is a good article on credit scores. Mortgage applications are evaluated on 4 factors. You can think of them as “legs of a chair.” If 1 or 2 legs are shaky it could still stand if the other 2 … Continue reading →

Posted in Uncategorized | Tagged , , , , | Leave a comment