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Category Archives: Uncategorized
Dont get excited about BMO’s 2.99% mortgage again.
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
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Tagged Calgary mortgage, Mark Herman, mortgage, mortgage broker
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Alberta MLS sales activity to top Canada for next two years: 6.8% hike in 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
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Banks Have Canceled their 4-year Promos – Rates on the rise.
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
Alberta job growth outpacing Canada: Statistics Canada
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
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Tagged Alberta, Calgary, Mark Herman, mortgage, mortgage broker
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CIBC Being Sued: Unfair payout penatly calculations continue
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 Calgary mortgage broker, canada interest rates, canadian mortgage
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Canada’s East-West economic divide deepens
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
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Tagged Alberta, Calgary, economy, Mark Herman, mortgage, mortgage broker
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Credit Score Info – this is great data
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
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Tagged Calgary mortgage, credit score, Mark Herman, mortgage, mortgage broker
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Why you should get a rate hold right now.
Why you should get a rate hold now. Let’s get right down to business; the advantages of using a top mortgage broker are listed near the end of this entry but reasons to use us should be pretty obvious by … Continue reading
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Tagged Mark Herman, mortgage broker, mortgage pre-approval, rate hold
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Calgary housing market demand strong for 2012: RE/MAX
Great news for the upcoming year. By Mario Toneguzzi, Calgary Herald December 6, 2011 CALGARY — Fuelled by low interest rates and job security, demand for residential real estate in Calgary is on the upswing, says the RE/MAX Housing … Continue reading
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