November 6, 2026
How Do Lenders Count Overtime, Bonus and Shift Premiums in Alberta?
Lenders usually average two years of overtime and bonus, or use the lower year if it fell. On an $85,000
Mortgage Blog
Every post from the Mortgages for Less team: mortgage rates, the Bank of Canada, Alberta housing, lender news and real client stories.
Read more- Read moreNovember 4, 2026
Can you get a mortgage in Calgary when your income comes from a US client?
A Calgary web developer bills a US company in US dollars. Her lender qualified her on Canadian tax returns, and
- Read moreNovember 2, 2026
Your Mortgage Renews in 2027: When Should You Start Shopping?
Start about 120 days before your 2027 renewal date. For a February renewal, that window is already open. Here's the
- Read moreOctober 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 moreOctober 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 moreOctober 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 moreOctober 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 moreOctober 26, 2026Is 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 moreOctober 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,
