Tag Archives: Calgary mortgage broker

Immigrants the proudest Canadians, poll suggests

Posted on February 16, 2012 by

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 →

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

Posted on February 10, 2012 by

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 →

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

Posted on February 9, 2012 by

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 →

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New Canadian Mortgage Rules are Possible

Posted on February 1, 2012 by

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 →

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CIBC Being Sued: Unfair payout penatly calculations continue

Posted on January 19, 2012 by

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 →

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Rates, spreads and all the rest

Posted on December 1, 2011 by

This is an article that was sent to me. It is totally technical and I love it. This is the real reason behind what are the lowest rates we have ever seen. It also explains why the days of Prime … Continue reading →

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Alberta leads North America in economic freedom: Fraser Institute report

Posted on November 22, 2011 by

This is great news for those of us in Alberta – we already knew we are booming. The rest of Canada is finding out as there were 26,000 new people added to Calgary this year. Almost the same as the … Continue reading →

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Couple retires in Rimbey home built from 30 steel shipping containers

Posted on November 7, 2011 by

This is cool. Containers are built to ISO 9000 standards so they are all the same and made to the same standard. Neat. — The Glennon family’s retirement home might just look like a stack of shipping containers of all … Continue reading →

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How do we (mortgage brokers) know rates are going up?

Posted on October 18, 2011 by

Hi All – many people ask how we know that rates are going to change ahead of time. Below is a sample of the data that we read on a daily basis. If you were motivated enough to read things … Continue reading →

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Calgary house prices and sales rise in September

Posted on October 17, 2011 by

Calgary is showing solid numbers are the in-migration continues. Almost 40% of people moving to Alberta move to Calgary. CALGARY — Calgary house prices and sales rose in September compared with a year ago, according to the Canadian Real Estate … Continue reading →

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