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30-Year Amortizations on New Builds: What You Need to Know

30-Year Amortizations on New Builds: What You Need to Know

by Sandra Forscutt | Mar 7, 2025 | Mortgage FAQ

30-Year Amortizations on New Builds: What You Need to Know February 2025 | 30-Year Amortization Big Changes in 2024! Last year, Canada shook things up with new mortgage rules. Initially, only first-time buyers of new builds could snag a 30-year amortization (starting...
Navigating the Mortgage Renewal Storm: Preparing for 2025

Navigating the Mortgage Renewal Storm: Preparing for 2025

by Sandra Forscutt | Jan 28, 2025 | Mortgage FAQ, Mortgage Refinancing

Navigating the Mortgage Renewal Storm: Preparing for 2025 January 2025 | Mortgage Renewal Canadian homeowners face a significant financial challenge: mortgage payment shock. With approximately 1.2 million Canadians set to renew their mortgages in 2025, the landscape...
How Trump’s Win is Impacting Canadian Mortgage Rates

How Trump’s Win is Impacting Canadian Mortgage Rates

by Sandra Forscutt | Nov 26, 2024 | Mortgage FAQ

How Trump’s Win is Impacting Canadian Mortgage Rates The recent news of Donald Trump’s win has sent ripples through global financial markets, affecting Canadian mortgage holders and homebuyers. Here’s a breakdown of what this means for the Canadian economy and...
Understanding Why Rent is So Expensive in Canada

Understanding Why Rent is So Expensive in Canada

by Sandra Forscutt | Oct 25, 2024 | Mortgage FAQ

Understanding Why Rent is So Expensive A Guide for Future Homeowners If you’re a renter in Canada, you’re likely no stranger to the frustration of rising rent prices. But what drives these increases, and how can you navigate this challenging landscape? In...
Announcement: Alberta Land Transfer and Mortgage Registration Fees Increasing

Announcement: Alberta Land Transfer and Mortgage Registration Fees Increasing

by Sandra Forscutt | Sep 30, 2024 | Mortgage FAQ

Announcement: Alberta Land Transfer and Mortgage Registration Fees Increasing As of October 20, 2024, buying a home in Alberta will become slightly more expensive due to increases in land transfer and mortgage registration fees. Here’s what you need to know about...
25-Year vs. 30-Year Mortgage? Insight From a Mortgage Broker

25-Year vs. 30-Year Mortgage? Insight From a Mortgage Broker

by Sandra Forscutt | Aug 15, 2024 | First Time Homebuyers, Mortgage FAQ, Uncategorized

25-Year vs. 30-Year Mortgage? Insight From a Mortgage Broker Insights from Edmonton Mortgage Broker Sandra Forscutt  The summer months have brought exciting changes to the mortgage landscape. Back in July, the Bank of Canada reduced its policy rate. Recently, the...
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