There’s no denying the impact of 5 key factors influencing Calgary mortgage rates today. Understanding these factors is crucial for anyone looking to secure a mortgage in Calgary. From economic indicators to market conditions, each element plays a significant role in determining the interest rates that borrowers will encounter. For a detailed breakdown of these […]
Blog
Strategy: Save Money by Buying a New Home in Calgary
The real estate market in Calgary is on the brink of significant changes, with experts predicting a notable increase in home prices. Understanding the reasons behind these trends and strategizing for future purchases, especially in new build homes, is crucial for potential homebuyers and investors. Why are Calgary Home Prices Increasing? A primary factor driving […]
Bank of Canada Leaves Rate Unchanged
In a move closely watched by homeowners and prospective buyers in Calgary, the Bank of Canada has made a significant announcement regarding its key interest rate. This decision, which aligns with current economic trends and expert predictions, is set to impact the mortgage rates across the country, including in Calgary. Bank of Canada’s Decision: The […]
Housing and Mortgage Market Review
As 2023 draws to a close, Calgary’s housing market presents a unique landscape within the broader Canadian context. While national trends indicate a slowing economy and potential shifts in the Bank of Canada’s interest rate policy, Calgary’s housing market has shown resilience and has stayed strong over the last year. While the national inflation rate […]
Navigating Calgary’s Mortgage Landscape: Inflation and Interest Rate Trends
Since 2021, both Canada and the world have been confronting the economic challenge of inflation. This has been a central concern for policymakers and citizens alike, especially in dynamic markets like Calgary. With indications of moderating inflation, it’s imperative to examine the current state of inflation in Canada, its recent trends, and how this might […]