Wednesday, November 23, 2022 / by Chris Matlashewski
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.
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real estate, real estate tips, first time home buyers, mortgage, mortgage interest, landed immigrant, homebuyers, inflation, interestrates, mortgagerates
Wednesday, November 2, 2022 / by Chris Matlashewski
Historical Mortgage Rate Trends may surprise most people to know we are still below, historical averages. Want to know how many buyers leave when interest rates go up 1% and how this affects sellers in Calgary's market, call us. We will get you dialed in.
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mortgage, mortgage interest
Monday, June 8, 2020 / by Olga Sydorchuk
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.
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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
Wednesday, May 13, 2020 / by Olga Sydorchuk
The answer is Yes. Our Guest today Jason Henneberry with Mortgage Pal shares how to write the interest off on your primary residence by converting it from bad debt to good debt.
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real estate, calgary, canada, alberta, investment property, economy, income property, real estate tips, first time home buyers, mortgage, the smith manuver, taxation, mortgage interest