Hybrid mortgages – also known as 50/50 mortgage products – include an equal mix of fixed-rate and variable-rate components within your single mortgage. This means you get the best of both worlds – the security of fixed repayments with the flexibility of a variable rate. Although there was a time in recent years when mortgage […]

At some point in their lives, most Canadians have probably asked themselves whether it is better to buy or rent a home. And purchasing a home is one of the biggest decisions most people ever make. Ultimately, the decision is a personal choice, but it helps to look at the pros and cons of buying […]

With the uncertainty of job loss racing through many people’s minds these days, taking a proactive approach to this issue by putting mortgage payments aside while you’re still actively employed can help set your mind at ease. Planning for the future and potential job loss is one of the most important undertakings you can make […]

There are generally two ways to get a mortgage in Canada: From a bank, or from a licensed mortgage professional. While a bank only offers the products from their particular institution, licensed mortgage professionals send millions of dollars in mortgage business each year to Canada’s largest banks, credit unions, and trust companies … offering their […]

Categories: calgary mortgage broker, mortgage advice A common myth that is very prevalent is that people who are self-employed, or who work on a commission basis, can not get a mortgage/have  difficult time getting a mortgage.  While this myth is true in certain situations, it is not a universal rule.  In fact, obtaining a mortgage when you’re […]

Posted: October 30, 2009    Categories: calgary mortgage broker, mortgage advice Do you remember the days when getting a mortgage was easy?  Simply show up to your favourite broker or banks office with a pay stub and a decent credit score, and after signing a few papers, you walked out the door with a mortgage!  Okay, […]