Archive for May, 2013

What You Need to Know About "Zero Down" Mortgages
What You Need to Know About “Zero Down” Mortgages in Alberta

Owning your own home can be an enormous achievement, and a big financial step forward. But, finding 5% or more for a down payment can be a challenge, especially if you have other bills or savings goals to take into account. For that reason, so-called “zero down” mortgages, in which 100% of the purchase price [...]

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By Lori on May 17, 2013
in Mortgage Broker Services
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Is Paying Off Your Alberta Mortgage Safer Than Investing the Money?

For all the studies that suggest Canadians are having a tough time paying off their mortgages, our Alberta mortgage brokers found an interesting article ┬áby Jim Yih on why this might be. In a nutshell: “If the return on investment is greater than the interest cost on the mortgage, then the math would tip toward [...]

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By Lori on May 13, 2013
in Mortgage Broker Services
Why You Shouldn't Ignore Historically Low Mortgage Rates... Even if Your Current Mortgage Has a Payout Penalty
Don’t Ignore Historically Low Canadian Mortgage Rates… Even if Your Mortgage Has a Payout Penalty

As you may have already heard, Canadian mortgage rates are near all-time record lows, with rates of 3% and below available on some home loans. That means that now is a great time to act, whether you already have a home loan or are currently in the real estate market. One fear a lot of [...]

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By Lori on May 2, 2013
in Mortgage Broker Services

Heartwarming Stories

Source was absolutely great to work with - went above and beyond to help us get everything done when buying our new home. Highly recommended!! Chad and Jenelle Richards Jan 09 2013

Chad and Jenelle Richards
Added January 23rd 2013

Interest Rates

6mth Term 3.95%
1yr Term 2.99%
2yr Term 2.69%
3yr Term 2.99%
4yr Term 3.39%
5yr Term 3.04%
V.R.M. Prime-.65 or 2.35%

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