Call Today:

Understanding how Mortgage Brokers in Calgary Speak

Mortgage brokers in Calgary speak a strange language. This language is full of terms such as bamortizationb, bkey interest ratesb, bpenalty clausesb, bprincipal earningsb, bgross incomeb, bdebt service ratiob etcetera. Unless a person has been to...

Slower Housing Starts

Welcome to Mortgages For Less.ca, forward thinking Calgary mortgage brokers. With home prices continuing to rise and and the on-going rebound in sales the home selling industry is looking forward to a good year in 2014. But the home building industry is showing...

RRSP or Mortgage Pay-Down?

If you’re looking for a skilled Calgary mortgage broker please give us a call today: 403-241-3255 At this time every year the perennial question arises, pay down the mortgage or top up the RRSP? Traditionally the answer has been, top up the retirement savings...

Are Canadians Saving?

Mortgages For Less provides great advice with years of experience getting new home buyers qualified and with the best rates.B If you’re searching for the right mortgage broker in Calgary give us a call: 403-542-4882 As the holiday bills arrive, the RSP vendors...

Thinking About Buying Your First Home? Consider These Questions

If you are considering buying your first home, an exciting step no matter where you are in life. From a university graduate, to a newly married couple, to someone who is later on in life and ready to root down somewhere, buying your first home is exciting, but at the...

Mortgage Rate Projections

Mortgage rates continue to be a major question for those looking to buy a home. Concerns about rising rates linger and there appear to be mixed signals coming from the Bank of Canada.

New Immigrant Mortgages

The New To Canada(TM) Mortgage Insurance Program makes it possible for individuals relocating to Canada to purchase a home with as little as 5% down. This program helps new Canadians purchase their first home, build equity, and become economically established in Canada.

Using your RRSP for a Down Payment

If you”re a first-time buyer with a home purchase in your near future, you might want to consider taking advantage of the Federal government”s Home Buyers” Plan (HBP). In a nutshell, the HBP allows each buyer (provided they”re both...

The Credit Question: What you Need to Know about Credit

Your credit score is probably the most important component of your mortgage application because it’s the primary factor that banks and lenders use to determine your creditworthiness. It tells lenders how likely you are to pay your bills on time, because it reflects every credit card, loan payment and late payment you’ve ever made b and every bankruptcy or credit problem you’ve undergone. With so much weighing on this tiny little number, it’s important to understand what it is, how it’s calculated and what you can do to manage it.