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Calgary Home Buyers to Face Harsher Mortgage Rules April 19, 2010
On February 16, Finance Minister Jim Flaherty announced new mortgage rules intended to help ensure homebuyers can handle their debt load when interest rates rise, as well as to slow down real estate speculation. "There's no clear evidence of Read More...

by Nevin Van Nest | 1 Comments

Affordability Drives Calgary’s Housing Market
With rising interest rates on the horizon buyers will see 2010 as the year to take advantage of low mortgage rates Calgary,February 1, 2010 –Affordability continues to drive a recovery in Calgary’s housing market according to figures released Read More...

by Nevin Van Nest | 0 Comments

Weekly Mortgage Rate Update November 30, 2009
Calgary mortgage rates update for the week of October 12, 2009 provided by Heather Skaper of Invis Calgary. Feel free to email Heather for mortgage information specific to your needs. *Currently, Prime rate may vary according to lender. Be sure to check Read More...

by Nevin Van Nest | 0 Comments

Good debt” versus “bad debt
Not all debt is created equal… the difference lies in how it helps – or hurts – your pursuit of your financial goals. Some debt can be seen as an investment in one’s future: • Borrowing money to maximize your RRSP contributions. Read More...

by Nevin Van Nest | 0 Comments

Calgary’s Housing Recovery Has Staying Power
Low borrowing costs continue to fuel market recovery : Calgary Real Estate Baord Calgary, December 1, 2009 – The Calgary housing market is showing signs of a sustained recovery according to figures released today by the Calgary Real Estate Board Read More...

by Nevin Van Nest | 0 Comments

What’s the difference between an open and a closed mortgage?
An open mortgage typically allows the borrower to pre-pay all of the mortgage, renew or refinance at any time before maturity. This also means that you can switch lenders at any time. The catch is that this flexibility to pay back the mortgage whenever Read More...

by Nevin Van Nest | 0 Comments

Weekly Mortgage Rate Update October 12, 2009
Calgary mortgage rates update for the week of October 12, 2009 provided by Heather Skaper of Invis Calgary. Feel free to email Heather for mortgage information specific to your needs. *Currently, Prime rate may vary according to lender. Be sure to check Read More...

by Nevin Van Nest | 0 Comments

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Weekly Mortgage Rate Update September 28, 2009
Calgary mortgage rates for the week of September 28, 2009 provided by Heather Skaper of Invis Calgary. Feel free to email Heather for mortgage information specific to your needs. *Currently, Prime rate may vary according to lender. Be sure to check with Read More...

by Nevin Van Nest | 0 Comments

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Bank of Canada Maintains Key Rate
The Bank of Canada announced this morning that it will leave its key interest rate unchanged and restated its commitment to holding this rate steady until mid-2010, conditional on the outlook for inflation. In its statement the Bank declared that “recent Read More...

by Nevin Van Nest | 0 Comments

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Weekly Mortgage Rate Update September 7, 2009
Calgary mortgage rates for the week of September 7, 2009 provided by Heather Skaper of Invis Calgary. Feel free to email Heather for mortgage information specific to your needs. *Currently, Prime rate may vary according to lender. Be sure to check with Read More...

by Nevin Van Nest | 0 Comments

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Weekly Mortgage Rate Update August 31, 2009
Calgary mortgage rates for the week of Augut 31, 2009 provided by Heather Skaper of Invis Calgary. Feel free to email Heather for mortgage information specific to your needs. *Currently, Prime rate may vary according to lender. Be sure to check with your Read More...

by Nevin Van Nest | 0 Comments

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Weekly Mortgage Rate Update August 24, 2009
Calgary mortgage rates for the week of July 24, 2009 provided by Heather Skaper of Invis Calgary. Feel free to email Heather for mortgage information specific to your needs. *Currently, Prime rate may vary according to lender. Be sure to check with your Read More...

by Nevin Van Nest | 0 Comments

Understanding Your Credit Report and Credit Score – Part 2
Last week, I noted that people with a lower credit score can find themselves paying a higher interest rate, or even denied access to certain types of loans. The good news is that by taking a few basic precautions, prospective borrowers can protect their Read More...

by Nevin Van Nest | 0 Comments

Finance Home Upgrades with a Purchase Plus Improvements Mortgage
If you intend to buy a home that needs some immediate upgrades, a “ purchase plus improvements ” mortgage may be right for you. This type of mortgage covers the purchase price of the home, plus any renovations that would increase the value Read More...

by Nevin Van Nest | 0 Comments

Weekly Mortgage Rate Update August 10, 2009
Calgary mortgage rates for the week of August 10, 2009 provided by Heather Skaper of Invis Calgary. Feel free to email Heather for mortgage information specific to your needs. *Currently, Prime rate may vary according to lender. Be sure to check with Read More...

by Nevin Van Nest | 0 Comments

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