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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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  • December 17, 2021

    As another year comes to an end, it’s time to look back at the year but also to wish you a merry Christmas! 2021 has been an interesting year! Lots of ups, and lots of downs. Not just interest rates, but hopes and expectations. In the first part of the year, we saw some of…

  • December 6, 2021

    If you are on the verge of buying your first rental property and becoming a landlord, congratulations are in order. You are about to put your money into one of the most time-tested investment options you will ever find. Rental property, if done right, can become the foundation for building personal prosperity and generational wealth.

  • November 10, 2021

    For a long time not a lot of obvious benefit to choosing a variable mortgage rate because relatively the fixed rates were just as low! Since 2008 when rates bottomed out as a result of the sub-prime mortgage bubble burst, we have not seen the bank of Canada rate more than 1.5% higher than it…

  • September 28, 2021

    Canada just finished a federal election where really nothing changed. With the election results back, and a recent Bank of Canada update, what can we expect in the Real Estate and Mortgage Market? Early in September, and mid-way through the Election campaign, the Bank of Canada made it’s sixth interest rate decision and announcement of…

  • June 11, 2021

    This week the bank of Canada made its fourth rate announcement of the year. The bank left the overnight rate unchanged yet again, as expected. It did provide somewhat encouraging thoughts on the state of the Canadian and global economy and it also updated its outlook on inflation. Here are a few of the things…

  • March 14, 2021

    Over the past month, Canadian Bond yields have hit their highest level in April of last year. As a direct result, we have seen fixed interest rates nudge up at all lenders.

  • February 1, 2021

    It was only a month ago that we collectively looked back at 2020 and thought “well, THAT was a crazy ride!” Then January 2021 started. Our neighbours to the south saw a rocky transition of power between presidents. The pace of COVID-19 deaths picked up in Alberta. Hundreds of families lost loved ones in the…

  • December 14, 2020

    While COVID has been the biggest ongoing story of the year and the global pandemic has impacted everyone, there are many related stories too! Interest rates of all sorts have been all over the map this year.

  • December 10, 2020

    Let’s be honest, 2020 has been a doozie. Just this week, a new set of near lock-down restrictions was announced in Alberta. Similar lockdowns are already in place across the country from PEI on the east coast all the way to British Columbia on the West Coast. Christmas and other Holiday celebrations will certainly be…