Tips from our mortgage renewal guide to help homeowners navigate renewal time and secure a better mortgage rate.
It usually starts with a project. Maybe you’re planning a major renovation. Maybe you’re thinking about paying off high-interest debt. Or perhaps you’ve found an investment opportunity and want to use the equity you’ve built in your home. Then comes the question almost every homeowner asks. “Should I refinance my mortgage or get a HELOC?”…
For a lot of homeowners, debt doesn’t become overwhelming overnight. It usually builds slowly. A credit card balance that’s meant to be temporary sticks around longer than expected. A line of credit helps cover a renovation. Maybe a car loan, unexpected expenses, or rising living costs start putting pressure on the monthly budget. Eventually, the…
If you’ve owned your home for a few years, you’ve probably heard someone say, “You should use the equity in your house.” Maybe it came up while talking about a renovation. Maybe a friend mentioned using their equity to consolidate debt, or you read an article about homeowners buying investment properties without touching their savings….
When comparing a private mortgage vs B-lender in Alberta, many homeowners start their search after being turned down by their bank. While that can feel discouraging, a bank’s decision doesn’t necessarily mean your homeownership goals are out of reach. For many homeowners, it’s the moment they start wondering whether buying, refinancing, or accessing equity is…
When considering Refinancing to Pay CRA Tax Debt in Canada, most homeowners don’t usually plan on owing the Canada Revenue Agency (CRA) money. Maybe you’re self-employed and had a stronger year than expected. Maybe you sold an investment property, withdrew money from your RRSP, or simply found yourself dealing with unexpected financial challenges. Whatever the…
Taking maternity or parental leave is an exciting chapter for growing families. At the same time, it often comes with big financial questions. One of the most common concerns we hear is whether mortgage approval on maternity leave is even possible. The good news? Taking maternity or parental leave is an exciting time for many…
Calgary Mortgage Options for Basement Suites are becoming increasingly popular among homebuyers looking to improve affordability and maximize their purchasing power. These days, a basement suite isn’t just something investors look for. More Calgary homebuyers are actively searching for properties with suites because the numbers simply work better. When housing costs are high, having a…
If you live in Canada but earn your income from a U.S. employer, you might be wondering whether getting approved for a mortgage is more complicated. The short answer? Not necessarily. Mortgage approval with U.S. income while living in Canada is more common than many borrowers realize. With remote work becoming increasingly popular and cross-border…
If your mortgage is coming up for renewal in Calgary in 2026, you’re in good company. A huge number of Alberta homeowners locked in ultra-low rates in 2020 and 2021. Fast forward five years, and those terms are maturing in a very different rate environment. Rates aren’t at their pandemic lows anymore, but they’ve stabilized…
Executive Summary If your mortgage is coming up for renewal in Calgary, you’re not alone — and you’re definitely not stuck with the rate your lender sends you in the mail. Over 60% of fixed-rate mortgages in Canada are set to renew before the end of 2026, and for many homeowners in Calgary, that could…
