Category: Uncategorized
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6 tips for paying your mortgage off faster
To pay off your mortgage faster, consider making biweekly payments to reduce interest and add an extra payment annually. Increase your payments yearly if possible, and make lump-sum prepayments using bonuses or tax refunds. Review your mortgage terms at renewal to negotiate better rates or switch lenders. Create a budget to find extra funds for…
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Alberta Housing: Buy Now or Wait 2026 Rebound?
Slide 1: Alberta’s 2025 home sales are forecast to drop about 6.8% despite price growth. Slide 2: In 2025 Alberta’s average home price is expected to increase ~3.5% to ~$511,287. Slide 3: By 2026 Alberta sales rebound ~5.1% to around 81,792 units, price growth slows ~1.1%. Slide 4: Alberta’s shift: fewer sales but still-modest price…
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Can Edmonton Outpace National Growth Average?
Edmonton’s GDP is expected to climb from 1.4% in 2025 to 2.5% in 2026. Rising rental supply through 2027 is forecast to push vacancy rates higher and slow rent growth.
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How to get a mortgage in Canada: From application to closing
Getting a mortgage in Canada involves several steps, including organizing your credit, determining affordability, choosing the mortgage type, comparing lenders, and applying for pre-approval. Key factors include your credit score, which should ideally be 680 or higher, and your yearly income, which varies by location. The process can take from 24 hours to 10 business…
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North Edmonton Fast-Tracks 355 New Homes
Slide 1 Edmonton’s Griesbach neighbourhood gets 355 homes through Build Canada Homes initiative. Slide 2 The project includes 55 units plus 300 multi-family apartments, about six stories tall. Slide 3 Federal lands are being used to speed construction and build inclusive, thriving communities. Slide 4 Design-build teams will prioritize Canadian materials, modern methods, and faster…
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Edmonton’s Advantage: From Renting to Owning Fast
Edmonton tops Canada for renters – lower costs meet high median incomes. Nearly 100,000 Canadians moved to Alberta seeking opportunity and space. Multi-unit rentals and laneway homes boost supply, keeping rents surprisingly low. Detached homes remain competitive – expect multiple bids and strong demand. Many renters transition to buyers, making Edmonton perfect for long-term plans.
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5 Tips for first-time home buyers in Fredericton, NB
Save at least 5% to 20% of the purchase price for a down payment; if it's less than 20%, CMHC insurance costs between 2% and 4% of the purchase price. Consider 0% interest borrowing from your RRSP for the down payment. Get pre-approved for a mortgage before searching for a home. Research communities to find…
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Is Alberta’s Recovery Building Momentum?
Calgary and Edmonton benefit from renewed energy/industrial hiring, boosting household formation. Inventory remains below long-term norms in many neighbourhoods, keeping competition alive. Out-of-province migration adds supplemental demand in urban centres. Housing starts are increasing but remain restrained by labour and material bottlenecks. Outlook: Home-price gains in Alberta are forecast at ↑4-6% as the economy strengthens…
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Getting Pre-Approved for a Mortgage
To increase your chances of successfully buying a home in Canada, it's essential to get pre-approved for a mortgage. This process confirms your eligibility for a loan based on your financial documentation, helping you understand your budget and potentially lock in an interest rate. Pre-approval requires proof of income, assets, identification, and information about debts.…
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Alberta: 2026 Continued Expansion Amid Migration Inflows
Calgary and Edmonton lead national growth, fueled by interprovincial migration and rising employment in energy and tech. Home sales remain robust with limited listings and quick absorption in major centers. Rising construction costs temper new-build supply, tightening resale inventory further. Forecast: Prices forecast to increase 5–7% in 2026 as population inflows sustain strong momentum.