December 17, 2021
Merry Christmas and a Happy New Year from Mortgages For Less!
As another year comes to an end, it’s time to look back at the year but also to wish you
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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.
December 6, 2021
Calgary inventory fell to 3,932 homes in November 2021, down 22% year-over-year, tightening supply to 1.9 months. Full stats on prices, sales and what they meant for buyers.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…November 4, 2021
Calgary inventory fell 13% in October 2021 to 4,875 homes, tightening supply to 2.2 months as the benchmark price rose to $460,100. Full stats and what they meant for buyers.October 4, 2021
Calgary's benchmark price eased to $457,900 in September 2021 while inventory fell 10% year-over-year to 5,619 homes. Full stats and what they meant for buyers.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…September 6, 2021
Calgary's benchmark price slipped 0.1% to $459,200 in August 2021 — its first monthly decline of the year — while inventory fell 9%. Full stats and what they meant for buyers.August 4, 2021
Calgary sales fell 21% in July 2021 to 2,314 homes and selling times stretched to 40 days, while the benchmark price held at $459,700. Full stats and what they meant for buyers.
Read more- Read moreDecember 6, 2021
Top 10 Things to Think About When Becoming a Landlord
If you are on the verge of buying your first rental property and becoming a landlord, congratulations are in order.
- Read moreDecember 6, 2021
Calgary Housing Market Update (November 2021): Why Are There So Few Homes for Sale?
Calgary inventory fell to 3,932 homes in November 2021, down 22% year-over-year, tightening supply to 1.9 months. Full stats on
- Read moreNovember 10, 2021
Mortgage Minute 11: Why to Choose a Variable Rate November 2021
For a long time not a lot of obvious benefit to choosing a variable mortgage rate because relatively the fixed
- Read moreNovember 4, 2021
Calgary Housing Market Update (October 2021): Why Is Inventory Disappearing?
Calgary inventory fell 13% in October 2021 to 4,875 homes, tightening supply to 2.2 months as the benchmark price rose
- Read moreOctober 4, 2021
Calgary Housing Market Update (September 2021): Is It a Good Time to Buy?
Calgary's benchmark price eased to $457,900 in September 2021 while inventory fell 10% year-over-year to 5,619 homes. Full stats and
- Read moreSeptember 28, 2021
Mortgage Minute 10: Post Election Market Update
Canada just finished a federal election where really nothing changed. With the election results back, and a recent Bank of
- Read moreSeptember 6, 2021
Calgary Housing Market Update (August 2021): Have Home Prices Peaked?
Calgary's benchmark price slipped 0.1% to $459,200 in August 2021 — its first monthly decline of the year — while
- Read moreAugust 4, 2021
Calgary Housing Market Update (July 2021): Why Did Sales Drop 21%?
Calgary sales fell 21% in July 2021 to 2,314 homes and selling times stretched to 40 days, while the benchmark
