Mortgage Tips

It’s not just a house. It’s your home. Crafting Bespoke Mortgages With Care.

Bank Of Canada Rate Update January 26, 2022

Bank Of Canada Rate Update January 26, 2022

January 26, 2022 | Posted by: Matt Broom-Hall

Bank of Canada maintains policy rate, removes exceptional forward guidance The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ %, with the Bank Rate at ...

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Did You Know: Interest Rate Increases Reduce The Max Purchase Price You Qualify For?

Did You Know: Interest Rate Increases Reduce The Max Purchase Price You Qualify For?

January 24, 2022 | Posted by: Matt Broom-Hall

When the Bank of Canada increases its prime rate, banks and lenders move in lockstep in increasing their mortgage rates.  Most people only think that the impact is solely on the monthly mortga ...

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Top 10 Questions to Ask Your Mortgage Broker in Sherwood Park and Edmonton Alberta

Top 10 Questions to Ask Your Mortgage Broker in Sherwood Park and Edmonton Alberta

January 19, 2022 | Posted by: Matt Broom-Hall

Top 10 Questions to Ask Your Mortgage Broker The mortgage world can sometimes be difficult to navigate when buying a home. However, an experienced Mortgage Broker can help walk you through the proces ...

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All About The First Time Home Buyer Incentive

All About The First Time Home Buyer Incentive

January 19, 2022 | Posted by: Matt Broom-Hall

What is the first time home buyer incentive? The goal of the First-Time Home Buyer Incentive is to help with affordability for Canadians buying their first home. It is done with a “shared equit ...

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The Power Of Signing Your Name

The Power Of Signing Your Name

January 8, 2022 | Posted by: Matt Broom-Hall

Why do I use my signature as my logo?  Hint: it’s not because it looks stylish. 'Every job is a self-portrait of the person who did it. Autograph your work with excellence.' - Jessic ...

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How Much of A Mortgage Can You Afford?

How Much of A Mortgage Can You Afford?

January 5, 2022 | Posted by: Matt Broom-Hall

How Much of a Mortgage Can You Afford? Mortgage Application: How Much of A Mortgage Can You Afford? The mortgage application process involves a buyer's due diligence in calculating how much mortgage ...

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How Do Lenders Decide Whether To Approve or Decline A Mortgage Application?

How Do Lenders Decide Whether To Approve or Decline A Mortgage Application?

December 29, 2021 | Posted by: Matt Broom-Hall

So you’ve finally decided to buy your own home and go through the process of applying for a mortgage. Like any first-time home buyer, you probably have a ton of questions on what happens behin ...

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Ron Swanson's Credit Score and How You Can Surpass It.

Ron Swanson's Credit Score and How You Can Surpass It.

December 21, 2021 | Posted by: Matt Broom-Hall

Ron Swanson doesn’t have bad credit. Ron Swanson has NO CREDIT. Our mustachioed Libertarian crank would never willingly give up his Social Security Number to get a credit card, nor would he get ...

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Prequalification and Pre-Approval—What is the Difference? Home Buying in Sherwood Park and Edmonton Alberta

Prequalification and Pre-Approval—What is the Difference? Home Buying in Sherwood Park and Edmonton Alberta

December 15, 2021 | Posted by: Matt Broom-Hall

What is the Difference Between Pre-Qualification and Pre-Approval? Prequalification and Pre-Approval-What is the Difference? Prequalification is a basic review of the borrower's information to deter ...

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Bank Of Canada Rate Update December 9, 2021

Bank Of Canada Rate Update December 9, 2021

December 8, 2021 | Posted by: Matt Broom-Hall

Bank of Canada maintains policy rate and forward guidance The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent ...

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