17
MAY
2013

Considering Refinancing Your Calgary-Area Home? Ask Mortgages By Candice

Interest rates have dropped considerably since the early 1980s, when, if you were contemplating buying a home in Calgary, you faced a prime rate of 15.81 per cent. Since 2001 prime rates have hovered around four to six per cent – a drop with the potential to make a big difference...
03
MAY
2013

Prepayment Penalties Can Hurt! Calgary’s Mortgages By Candice

When people come into a large sum of money for whatever reason – such as an inheritance or an investment – usually their first inclination is to start paying off their debt. It’s a great idea, and although it would be wonderful to knock a chunk off your mortgage with a big...