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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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  • The Foreign buy ban is extended

    February 5, 2024

    Strengthening Housing Affordability in Canada: A Closer Look at the Extended Foreign Buyer Ban The Canadian federal government, in a move that prominently underscores its political agenda, has strategically announced the extension of its foreign buyer ban for an additional two years to tackle the critical issue of housing affordability. Articulated by Deputy Prime Minister…
  • What you need to know about appraisals

    February 2, 2024

    A Deep Dive with Industry Experts Bryon Howard and Josh TaggThe real estate market in Calgary is experiencing an unprecedented period of activity, characterized by low inventory and steadily rising prices. This bustling market environment brings the topic of home appraisals to the forefront, as both buyers and sellers seek to navigate the complexities of…
  • Canada Housing and Mortgage Market Review january 2024

    February 1, 2024

    As we embark on a new year, the Canadian housing and mortgage landscape is showing signs of significant transformation. This article delves into the insights from the latest Housing and Mortgage Market Review by Mortgage Professionals Canada, providing a comprehensive outlook for 2024.   Economic Indicators and Their Impact Entering 2024, Canada's economy demonstrates a…
  • Will we see lower rates in april

    February 1, 2024

    Despite the Bank of Canada's resistance to aggressive rate cut forecasts, the consensus among leading economists and analysts is leaning towards a reduction in rates beginning by April. This perspective is grounded in findings from the Bank of Canada's latest quarterly Market Participants Survey, involving feedback from 30 prominent financial market players. Survey Findings According…
  • Bank of Canada Rate Update Jan 24 2022

    January 25, 2024

    Yesterday we went live on YouTube to discuss the Bank of Canada Announcement. Understanding the Impact of Bank of Canada's Stable Interest Rate Decision In its first announcement of 2024, the Bank of Canada has decided to maintain the current interest rate, continuing the trend set since early 2022 and the last increase in mid-2023.…
  • Bank of Canada Leaves Rates Steady

    January 25, 2024

     Josh and Jay Discuss The Bank Of Canada rate announcement. Re-watch our live  YouTube stream from yesterday. Understanding the Bank of Canada's 2024 Rate Announcement On Wednesday, January 24th, the Bank of Canada made its first rate announcement of 2024. After a period of aggressive rate hikes throughout 2022 and 2023, the Bank decided…
  • Mortgage Minute 30: BOC keeps rates the same

    January 24, 2024

    Deciphering the Bank of Canada's Latest Move: A Glimpse into Future Interest Rate Trends In its most recent announcement, the Bank of Canada decided to keep the party going with its policy rate firmly planted at 5%, leaving PRIME at a steady 7.2%. While many of us had our predictions bingo cards ready, this move…
  • Josh Jay December Edmonton Real Estate Stats

    January 18, 2024

      Exploring Edmonton's Real Estate Market: Insights and Surprises from December 2023 Welcome to our deep dive into Edmonton's real estate market, where we unravel the exciting and sometimes surprising trends that shaped the landscape in December 2023. Whether you're a potential homebuyer, a real estate enthusiast, or just curious about market dynamics, this blog…
  • Bond Yields Increase Calgary Mortgage Rates

    January 18, 2024

    Exploring the rise in Canadian bond yields in 2024, influenced by US data and immigration's impact on Canada's economy, labor, and policy.