All Categories

The banks 2.99% four-year fixed promotions wereintended to last until February 29. RBC and others have cancelledthem early. The nation’s banks rates are now: 4-year fixed “special offer” by 40 bps to 3.39% – ours is at 2.99% – live deals only, closing in 30 days or less 5-year fixed “special offer” by 10 bps to 4.04% – ours is at 3.09% / 3.25% – live deals only, close in 30 days or less 5-year fixed posted rate by 10 bps to 5.24% – ours is at 3.29%, 120 day rate hold Some ... Read Full Post

The fine print about the BMO 2.99% rate: Maximum Amortization: 25 years Lump-sum Pre-payments: 10% maximum per year (1/2 of the 20% that BMO normally allows) Optional Payment increase: 10% maximum per year (again, 1/2 of the 20% that BMO normally allows) Term: Fully closed unless you sell the property, refinance (with BMO only), or early renew into another BMO mortgage. BMO Mortgage Cash Account: Not available with the Low-Rate BMO Skip-a-Payment: Not available with the Low-Rate BMO ReadiLine... Read Full Post

Mark Herman’s MARKet Update Winter, 2011 86,ooo new jobs, 14,ooo less people on E.I. & 16,ooo new immigrants in Alberta. Someone else IS going to buy that house before you do. The Canadian economy is the strongest of the G7 and recovering. When the recovery takes hold, rates and prices are expected to rise. Alberta will maintain the strongest economic growth in Canada and America. Mortgage rate 110-year low was 3.79%, is now 3.39%! Variable is at Prime -0.3% = 3%-0.3% = 2.7%. 5% down an... Read Full Post

Don't just take our word for it - listen to what RE/MAX Western Canada has to say about Calgary's 2012 Real Estate Market Outlook. Read Full Post

Why you should get a rate hold now. Very pleased to be a guest blogger for Cunningham and Associates Real Estate Team and also pleased to work with one of the best realtors in Calgary. There are about 5,000 realtors in town and about 500 make their full-time living at it; Judy’s team are some of the better ones for sure. The big 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 the time we get that far. Good bro... Read Full Post