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News

Edmonton Mortgage Broker – Market Update

Jason Scott
folder_openMortgages
Despite heading into the colder months of the year, the Edmonton market continued to hold its own, especially when compared to the fall of 2016. The total number of residential sales in the Edmonton CMA rose an average of over 12% across all residential property types on a year over…
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Edmonton Mortgage – Edmonton Market Update

Jason Scott
folder_openUncategorized
While the prices of Edmonton homes did rise slightly last month, the overall market has remained stable as we finish off the summer. The most recent housing statistics released by the Canadian Real Estate Association indicate that the average sales price last month rose for single family homes but remained…
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Interest Rate News – July 2017

Jason Scott
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By Jason Scott, Mortgage Broker TMG The Mortgage Group We knew it was going to happen eventually. The Bank of Canada finally increased its overnight rate by .25 per cent to .75 per cent on July 12. Citing an approving economy, the BOC increased rates for the first time in…
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Tips for Getting Your Loan Approved

Jason Scott
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As an Edmonton mortgage broker, I understand that the process of getting approved for a loan can be intimidating. You may feel overwhelmed about what is required to apply or feel nervous waiting to know whether or not you are approved for the loan you want. Throughout my years of…
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Mortgage Insurance Premiums To Go Up

Jason Scott
folder_openUncategorized
The cost of mortgages for homebuyers with smaller down payments is going up today. Mortgage default insurance premiums – needed any time buyers have less than a 20 per cent down payment – will increase on March 17, 2017. The increase is meant to ensure mortgage insurance companies like Canadian…
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Edmonton Mortgage | Canadian Mortgage News Update

Jason Scott
folder_openUncategorized
In October, the Canadian Federal Government enacted changes to the country’s mortgage regulations, requiring homebuyers to pass a “stress test” and qualify for higher mortgage rates. As an Edmonton mortgage broker, Jason Scott has strived to stay up to date on all local and national market news and trends. Throughout…
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