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Mortgage Interest | Built In Calgary Real Estate News Blog

Wednesday, November 23, 2022   /   by Chris Matlashewski

Are Interest Rates Going to Drop In 2023

With mortgage rates on the climb and another rate hike looming in December, the question remains are interest rates going to come down in 2023 or is inflation to high to consider this. Speaking with Joe Jacobs from Mortgage Connections about interest rates, where we are what we can expect and the math behind the Bank Of Canada setting this tone. Most importantly why now may be the best time to buy vs waiting out the storm.
For answers to all these questions check out our Mortgage Rate Update and click on this link.

  real estate, real estate tips, first time home buyers, mortgage, mortgage interest, landed immigrant, homebuyers, inflation, interestrates, mortgagerates

Monday, June 8, 2020   /   by Olga Sydorchuk

Changes to Mortgage Rules taking Effect July 1

As of July 1, CMHC announced they are tightening the ability to qualify for a mortgage. We are joined today by Joe Jacobs with Mortgage Connection to talk about the following changes; 1) Credit Score 2) Debt Service Ration 3) Debt Servicing 4) Gifting These will be taking effect in a few weeks. Also talking about what other insured lenders are doing (Genworth and Canada Guarantee) are doing. And a Silver lining on Interest rates, both variable and fixed.

  real estate, calgary, canada, alberta, investment property, income property, economy, real estate tips, first time home buyers, selling real estate tips, single family, condo, townhome, selling your home, forecast, recreational, mortgage, covid-19, mortgage interest

Comox Realty Group Inc.
Chris Matlashewski
Suite 7, 1715 27 Ave. NE
Calgary, AB T2E 7E1
403-809-3523

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Last updated June 7, 2023 1 PM CST
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Last updated June 7, 2023 1 PM CST
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