by Jodi | Dec 31, 2019 | First Time Home Buyer, Interest Rates, Mortgage, Mortgage Advice, Mortgage Blog, Mortgage broker, Uncategorized
Red Deer renters are much more likely to qualify for a new home loan than they think they are. A large number of clients of Red Deer mortgage brokers say they wish they’d talked to us sooner because they learn that they could have bought their dream home years ago....
by Jodi | Nov 17, 2019 | First Time Home Buyer, Interest Rates, Mortgage, Mortgage Advice, Mortgage Blog, Mortgage broker, Uncategorized
Most home sellers start listing their homes in the spring. They think the thawing weather will bring out the home buyers and help them sell their home. Yet there are benefits to listing your Red Deer home this winter. Motivated Buyers Do you know who slogs through...
by Jodi | Oct 24, 2019 | First Time Home Buyer, Interest Rates, Mortgage, Mortgage Advice, Mortgage Blog, Mortgage broker, Uncategorized
Tighter mortgage rules and higher mortgage prices, especially in overheated markets like Toronto and Vancouver, have made it difficult for people to buy a home on their own. This can be true even if you have good credit and pay. For example, if your debt to income...
by Jodi | Sep 27, 2019 | First Time Home Buyer, Interest Rates, Mortgage, Mortgage Advice, Mortgage Blog, Mortgage broker, Uncategorized
While you can shop for the lowest mortgage rates in Alberta, that is only one factor to consider when buying a home. Whalen Mortgages wants to provide Red Deer home buyers an overview of the home buying process itself. Step 1: Selecting a Mortgage Provider Red Deer...
by Jodi | Aug 15, 2019 | First Time Home Buyer, Interest Rates, Mortages, Mortgage, Mortgage Advice, Mortgage Blog, Mortgage broker, Uncategorized
Red Deer residents trying to recover from a bad credit event like a bankruptcy or consumer proposal should do everything they can to repair the damage. The question they face is: how? The simplest solution is to open two new credit facilities, using them and paying...
by Jodi | Jul 15, 2019 | First Time Home Buyer, Interest Rates, Mortgage, Mortgage Advice, Mortgage Blog, Mortgage broker, Uncategorized
The Bank of Canada uses a stress test to limit mortgages to those they think will be able to afford the home if interest rates went up or their incomes dropped. The five year benchmark rate used in the mortgage stress test is calculated by the Bank of Canada. It is...
Recent Comments