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May 2012 Archives

Fort McMurray Mortgage Broker

We are growing! I’m pleased to announce that I have expanded my mortgage service into the Wood Buffalo and Fort McMurray area. I have been fortunate to work with many kind clients in this area, and look forward to continued presence in Fort McMurray. As a mortgage broker serving Fort McMurray, I am a licensed and regulated professional with direct underwriting relationships to both lenders and my clients.

15 May 2012

10 year fixed rate at 3.89%- "Is this real life?"

I'm sure this rate news makes you feel a bit like David after his trip to the dentist, "Is this real life?". Well, it certainly may not seem like it if you consider the average 5-year fixed rate over the past 10 years is just over 6%! Most lenders are offering their 10 year fixed rate around 4.99%; however, one lender in Canada is as low as 3.89%!

01 May 2012

SOLD: Calgary housing market up 26% from last April

If April sales are to be any indicator of the rest of 2012, the Calgary housing market will have its busiest year since 2008. According to a recent report by the Calgary Real Estate Board, April sales were up over 26% from the previous year's sales. Furthermore, the average sale price of $429,388 increased by nearly 2% from April 2011. So I guess the big question is… will this trend continue?

01 May 2012