Blog

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.

Stay up-to-date with Market Trends

Check out our blog to stay up to date on the housing and mortgage market.

July 5, 2021
Calgary's benchmark price hit $457,900 in June 2021, up 11.4% year-over-year, while selling times lengthened for the first time in months. Full stats and what they meant for buyers.
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…
June 4, 2021
Calgary's benchmark price rose to $454,800 in May 2021, up 10.6% year-over-year, while inventory climbed and sales eased 7%. Full stats and what they meant for buyers.
May 4, 2021
Calgary recorded 3,205 sales in April 2021 — its busiest month in years — with a $450,400 benchmark price, up 9.2% year-over-year. Full stats and what they meant for buyers.
April 5, 2021
Calgary's benchmark home price hit $440,900 in March 2021 as 2,903 homes sold — the busiest March since at least 2014. Full stats on prices, sales, inventory and what it meant for buyers.
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.
March 4, 2021
Calgary sales jumped 52% in February 2021 to 1,831 homes and selling times fell 12 days, while the benchmark price reached $430,100. Full stats and what they meant for buyers.
February 4, 2021
Calgary's benchmark home price was $422,900 in January 2021, up 1.8% year-over-year, as sales jumped 40% and inventory fell 22%. Full stats and what they meant for buyers.
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…

July 5, 2021
Calgary Housing Market Update (June 2021): Is the Market Starting to Cool?
Calgary's benchmark price hit $457,900 in June 2021, up 11.4% year-over-year, while selling times lengthened for the first time in
Read more
June 11, 2021
Mortgage Minute 9: Inflation-Post COVID
This week the bank of Canada made its fourth rate announcement of the year. The bank left the overnight rate
Read more
June 4, 2021
Calgary Housing Market Update (May 2021): Are Home Prices Still Climbing?
Calgary's benchmark price rose to $454,800 in May 2021, up 10.6% year-over-year, while inventory climbed and sales eased 7%. Full
Read more
May 4, 2021
Calgary Housing Market Update (April 2021): Why Are There So Many Buyers?
Calgary recorded 3,205 sales in April 2021 — its busiest month in years — with a $450,400 benchmark price, up
Read more
April 5, 2021
Calgary Housing Market Update (March 2021): Why Are Homes Selling So Fast?
Calgary's benchmark home price hit $440,900 in March 2021 as 2,903 homes sold — the busiest March since at least
Read more
March 14, 2021
Mortgage Minute 8: Rising Interest Rates
Over the past month, Canadian Bond yields have hit their highest level in April of last year. As a direct
Read more
March 4, 2021
Calgary Housing Market Update (February 2021): Why Did Sales Jump 52% in a Month?
Calgary sales jumped 52% in February 2021 to 1,831 homes and selling times fell 12 days, while the benchmark price
Read more
February 4, 2021
Calgary Housing Market Update (January 2021): Is the Market Finally Turning?
Calgary's benchmark home price was $422,900 in January 2021, up 1.8% year-over-year, as sales jumped 40% and inventory fell 22%.
Read more
February 1, 2021
Mortgage Minute 7: 2021 Market Projections
It was only a month ago that we collectively looked back at 2020 and thought “well, THAT was a crazy
Read more