News

Why the Bank of Canada Held Rates (& What It Means for Your Mortgage)

July 30, 2025

The latest Bank of Canada rate decision may have disappointed anyone hoping for a cut, but it wasn’t exactly surprising. Inflation remains stubborn, and a stronger-than-expected job market, combined with U.S. tariff concerns, is keeping pressure on prices. Continue reading or watch my video for more details: Why the Bank…

How Métis Buyers Can Take Advantage of the Down Payment Grant Program

Jason Scott

July 24, 2025

Mortgages, Purchasing a new home

If you’re Métis and dreaming of homeownership, there’s good news. The Métis Nation of Alberta’s Down Payment Assistance Program is set to reopen in August. This initiative can offer up to 5% of the purchase price toward your down payment, which is a substantial help, especially in today’s high-cost housing…

Why a 120-Day Rate Hold Could Save You Money in 2025

Jason Scott

July 21, 2025

Mortgages, Purchasing a new home, Qualifying for a Mortgage

If you’re planning to buy a home or renew your mortgage in 2025, it might be time to move fast and get a rate hold. Lenders are starting to increase fixed mortgage rates due to inflation worries and global trade uncertainty. Continue reading or watch my video for more details:…

How American Politics Are Driving Up Canadian Mortgage Rates

Jason Scott

July 17, 2025

Mortgage Refinance, Mortgages

In Canada, we often think interest rates are only affected by what the Bank of Canada does. But right now, international headlines and politics, especially from south of the border, are sending shockwaves through our bond market. Talk of renewed tariffs from Donald Trump has created enough uncertainty that bond…

Why You Shouldn’t Order Your Own Appraisal Before Refinancing

Jason Scott

July 7, 2025

Mortgage Refinance, Mortgages

Many Canadians are refinancing their mortgage to lower monthly payments or manage high-interest debt. With interest rates still elevated and the cost of living rising, pushing out amortization can help ease the financial pressure, but you shouldn’t order your own appraisal before refinancing, here’s why. Keep reading or watch my…

What to Watch for in a Private Condo Purchase

Jason Scott

July 3, 2025

Mortgages, Purchasing a new home

In today’s market, more tenants are purchasing their condos directly from landlords. With condo values staying relatively flat or declining in recent years, some landlords are choosing to sell off their properties privately. Continue reading or watch my video for more details: Why an Appraisal Might Be Required for a…

Using Your RRSP for a Down Payment as a First-Time Homebuyer

Jason Scott

June 26, 2025

Mortgages, Purchasing a new home, Qualifying for a Mortgage

As a first-time homebuyer, you can withdraw up to $60,000 from your RRSP to put toward your down payment. This is part of the federal Home Buyers’ Plan (HBP), which will allow you to access your retirement savings early, without tax penalties, as long you repay your funds over time.…

Who Owns the Appraisal on Your Home?

Jason Scott

June 20, 2025

Mortgages, Purchasing a new home

If you’re refinancing your home or buying through a private sale, you may be surprised to learn you don’t actually own the appraisal, even if you paid for it. This is one of the most common misconceptions I see as a mortgage broker. Continue reading or watch my video for…

Save on Edmonton Homeownership with Alberta’s 2025 Property Tax Deferral Program

Connection Inc

June 19, 2025

Mortgages

Owning a home in Edmonton’s bustling market is rewarding, but rising costs can strain budgets. Alberta’s Property Tax Deferral Program, expanded in 2025, lets low-income homeowners defer property taxes, easing financial pressures. As a trusted mortgage broker in Edmonton, AB, Jason Scott – TMG The Mortgage Group – Edmonton Mortgage…

Understanding Your Purchase Contract: What Happens When Extras Are Included

Jason Scott

June 11, 2025

Mortgages, Purchasing a new home

When buying a home, it is easy to get excited about extras that may be listed in the purchase contract. Items like hot tubs, lawn tractors, or furniture often come up, but how do lenders treat these additions when reviewing your mortgage? Continue reading or watch my video for more…

News

Why the Bank of Canada Held Rates (& What It Means for Your Mortgage)

How Métis Buyers Can Take Advantage of the Down Payment Grant Program

Why a 120-Day Rate Hold Could Save You Money in 2025

How American Politics Are Driving Up Canadian Mortgage Rates

Why You Shouldn’t Order Your Own Appraisal Before Refinancing

What to Watch for in a Private Condo Purchase

Using Your RRSP for a Down Payment as a First-Time Homebuyer

Who Owns the Appraisal on Your Home?

Save on Edmonton Homeownership with Alberta’s 2025 Property Tax Deferral Program

Understanding Your Purchase Contract: What Happens When Extras Are Included

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