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Welcome to the Mortgages for Less blog! Here, you'll find expert advice, industry news, and helpful tips to guide you through every step of your home financing journey. Whether you're a first-time homebuyer or looking to refinance, our blog is your go-to resource for staying informed and making smart mortgage decisions.

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October 30, 2026
A real Alberta first-time-buyer case study: a newcomer on a non-permanent healthcare income bought a $245,000 Edmonton home on her own, after the right lender qualified her on her current pay instead of a two-year average.
October 29, 2026
She co-owns six mortgage-free rentals, so her file looked hard. She qualified on income alone and bought a $1.045M Calgary home in a month on one tax return.
October 29, 2026
The Bank of Canada raised its rate to 2.50% on Oct. 28, 2026. Variable and HELOC rates rise with prime; fixed rates don't change until your term ends.
October 28, 2026
The Bank of Canada raised its rate to 2.50% on October 28, 2026. Prime is 4.70%. Variable payments rise about $13 a month per $100,000. Is variable still cheaper?
October 26, 2026
Alberta's average insured buyer paid about $485,000 on a $129,000 income. Homes cost 8% less than the national average, but incomes are 5% lower, so the edge is 3%.
October 26, 2026
At one Canadian mortgage insurer, Calgary and Edmonton rank #1 and #2 for insured high-ratio mortgages. Alberta: 12% of people, a quarter of its book.
October 23, 2026
The Bank of Canada has held at 2.25% since 2025, but the 5-year bond rose a full point in 2026. How much is oil, how much is government debt, and is AI to blame?
October 23, 2026
A real case study: after a bankruptcy triggered by a first responder’s on-the-job injury, a family rebuilt their credit, restructured their income and bought a $395,000 home with 5% down — proof that buying a home after bankruptcy in Canada is possible.
October 22, 2026
A Calgary couple's new house had Poly-B that had to come out. $28,734 of plumbing, drywall and paint went into the mortgage for about $145 a month.

October 30, 2026
How a Newcomer Bought Her First Edmonton Home on One Modest Income
A real Alberta first-time-buyer case study: a newcomer on a non-permanent healthcare income bought a $245,000 Edmonton home on her
Read more
October 29, 2026
Buying a Home When You Already Own Several Rental Properties: A Clean Calgary Approval
She co-owns six mortgage-free rentals, so her file looked hard. She qualified on income alone and bought a $1.045M Calgary
Read more
October 29, 2026
The Bank of Canada just raised rates. What happens to my mortgage?
The Bank of Canada raised its rate to 2.50% on Oct. 28, 2026. Variable and HELOC rates rise with prime;
Read more
October 28, 2026
The Bank of Canada Raised Rates to 2.50%. What It Costs You, and Is Variable Still Cheaper?
The Bank of Canada raised its rate to 2.50% on October 28, 2026. Prime is 4.70%. Variable payments rise about
Read more
October 26, 2026
Is Alberta Still Affordable for First-Time Buyers? What the Insured Mortgage Data Shows
Alberta's average insured buyer paid about $485,000 on a $129,000 income. Homes cost 8% less than the national average, but
Read more
October 26, 2026
Why Calgary and Edmonton Are Canada’s Two Biggest Cities for First-Time Buyer Mortgages
At one Canadian mortgage insurer, Calgary and Edmonton rank #1 and #2 for insured high-ratio mortgages. Alberta: 12% of people,
Read more
October 23, 2026
Is Government Borrowing Why Canadian Mortgage Rates Went Up? (And Is AI Next?)
The Bank of Canada has held at 2.25% since 2025, but the 5-year bond rose a full point in 2026.
Read more
October 23, 2026
Bankrupt in 2020, Homeowners in 2026: Getting a Mortgage After Bankruptcy
A real case study: after a bankruptcy triggered by a first responder’s on-the-job injury, a family rebuilt their credit, restructured
Read more
October 22, 2026
Can you add the cost of replacing Poly-B to your mortgage when you buy?
A Calgary couple's new house had Poly-B that had to come out. $28,734 of plumbing, drywall and paint went into
Read more