Mortgages
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Top 7 Mortgage Tips For Calgary First-Time Home Buyers
Top 7 Mortgage Tips For Calgary First-Time Home Buyers Ah, Calgary! A city where the cowboy hats meet the skyscrapers. But when it comes to stepping into the real estate rodeo for the first time, things can get a bit…well, wild. Fear not, dear first-time home buyers! Here are the top 7…
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Real Estate Investing By The Numbers
Real Estate Investing By The Numbers What numbers are we talking about when it comes to investing in residential rental properties in Calgary, Alberta? Only three numbers to start with. Net Rental Income per month. Mortgage Interest Rate. Mortgage Amortization in Yrs. These numbers are important right from the start because that…
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June 2023 Calgary Real Estate Stats
June 2023 Calgary Real Estate Stats Sellers Market remains strong in Calgary. Buyers are bidding prices higher as they fight for a home in Calgary’s low inventory housing market. Mortgage fine print concerning mortgage portability and payout penalties could help with the low inventory situation. Lots of would-be sellers are anchored to…
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Mortgage Renewal Tip
Mortgage Renewal Tip to Lower Monthly Payments The Bank of Canada has raised interest rates a few times this year. The knee-jerk reaction of the major mortgage lenders has been to raise mortgage rates. As mortgage rates go up, money that was increasing your home equity every month is now redirected to…
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Home Buyers Regret
Home Buyers Regret For many Canadian first-time home buyers in 2022, some will be suffering from home buyers’ regret. Watching prices fall on a home you just bought makes people question their luck and intelligence, amongst other things. The media stokes the gaslighting with clickbait headlines on stories that are just plain…