This article from mortgage broker Calgary discussed a recent report that one insurance analyst recommends the need to reduce mortgage default insurance premiums due to less defaults; this has been a result of tighter qualifying guidelines. Please give me a call today if you have any questions 403.460.7707

A brief update on the five year fixed rate in Canada. Contact your Calgary mortgage broker for your pre-approval today! 403.460.7707

Mortgage Broker Calgary- Understanding how different rate and terms can change someone's maximum purchase or refinance amount based upon qualifying rates.

Mortgage Broker Calgary, Luke Wile starts new mortgage brokerage- Red Key Mortgage Group

Home sales in Canada appear to have successfully pulled out of the dive they went into back in July of last year. That was when the federal government tightened mortgage rules, reducing the maximum amortization period to 25 years. The January figures from the Canadian Real Estate Association show sales edged higher compared to December, increasing 1.3% in this traditionally slow sales period. The association’s numbers show half of the country’s local markets experienced increases, including Greater Toronto and Greater Vancouver. Toronto rose 5.6% month-over-month and the battered Vancouver market saw a 4.7% m/m improvement.