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Stories Tagged - Mortgage
Sept. 09, 2020 | Tyler Difley
Industry vocabulary: an introduction to the language of mortgages
To help you cut through the jargon, here's an alphabetical list of common mortgage terms and their definitions:
Aug. 26, 2020 | Tyler Difley
Four must-listen Canadian podcasts for beginner and veteran real estate investors
Whether you want to try your hand at real estate investing for the first time or you already own multiple properties, there's always room to learn new strategies and insights that could make you more successful. If you are looking to up your investment game, these four podcasts are a great place to start.
June 10, 2020 | Tyler Difley
CMHC tightens lending requirements for insured mortgages
Starting July 1, new applicants for CMHC's mortgage default insurance will have to meet the following criteria:
June 01, 2020 | Tyler Difley
Mortgage matters: options and advice for anyone falling behind on payments due to COVID-19
As the COVID-19 pandemic continues, many Calgarians have lost their jobs, been furloughed (i.e., temporarily laid off) or seen their working hours reduced. If this has happened to you and you own a home, the loss of income could, understandably, make it difficult to keep up with mortgage payments.
April 09, 2020 | Jim Zang
Maxing out: why mortgage pre-approvals can be a double-edged sword
That's why getting a mortgage pre-approval can be a double-edged sword – it's nice to know what you can afford, but it's awful tempting to go ahead and spend to the maximum you're approved for. However, this decision can leave buyers vulnerable to fluctuations in the housing market or the overall economy.
March 20, 2020 | Tyler Difley
Bank of Canada makes emergency rate cut amid COVID-19 pandemic
March 13, 2020 | Mario Toneguzzi
Head to head: Calgary housing affordability remains strong compared to other major centres
When it comes to homeownership these days, one of the biggest and most talked about issues is affordability. This issue is particularly relevant when it comes to a generation of young Canadians that many people say is struggling to enter the marketplace due to the high costs of owning a home.However, like anything else in this country, affordability is relative and truly dependent on context. If you're a millennial or a potential first-time homebuyer of any stripe, you're much better off entering the market in Calgary than other major centres like Vancouver or Toronto.
Aug. 21, 2019 | Gerald Vander Pyl
Borrowing outside the box: tips for homebuyers with specialized mortgage needs
Kristi Hyson, mortgage associate with Axiom Mortgage Solutions, says some brokers primarily do basic mortgages, so if your needs "don't fit in that box" they might not have a ready solution.
Aug. 21, 2019 | Mario Toneguzzi
Q&A: Gord Ross, Alberta Mortgage Brokers Association president
Gord Ross, president of the Alberta Mortgage Brokers Association (AMBA), breaks down the Alberta mortgage market, industry trends and the ongoing impacts of the stress test.
Aug. 21, 2019 | Natalie Noble
