ALBERTA HOME LENDING

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  • Lowest-Rate First/Second/Third Mortgages, Western Canada.

    KNOW YOUR OPTIONS. All credit profiles considered. Contact us to apply! 587 848 8338, or Apply Online!

    Apply online!

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  • We lend all over Western Canada.

    We arrange mortgage financing for clients with all types of credit profiles- from excellent to poor. For us, Equity is King. Alberta Home Lending has successes where many big banks fail. Purchases, refinances, renewals – Even properties in foreclosure.

    Apply Online

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  • Interested in Private Mortgage Investing? BECOME the BANK! Ask us how.

    587 848 8338

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  • Call now or apply today!

    I look forward to hearing from you. 587.848.8338 - Toll Free in Canada dave@belmormortgage.com

    Apply now!

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  • No matter what your credit profile is, we got you covered! Call us at 587 848 8338 for a confidential analysis.

    We arrange the lowest mortgage rates available for both salaried and self-employed people. We also have a reliable Alternative Mortgage Lending program for our clientele with bad credit or looking for debt consolidation. Contact us today to relieve the stress!

    Apply today!

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Get Started!House Money. Alberta & BC.

When The Bank Says No…

Albertalending.ca Says Yes!

We have the HIGHEST MORTGAGE APPROVAL RATINGS IN THE INDUSTRY, which means that… ALMOST EVERYONE GETS THEIR MORTGAGE APPROVED
(We even fund mortgages for bank employees who can’t get their mortgage approved at their own bank!)

Has the Bank said no to your mortgage because…
You haven’t been working long enough?

You’re self-employed and have no proof of income?

You have a bad credit rating? There were problems in your past? Looking to consolidate debt?

Lowest Mortgage Rates in Calgary

Save Thousands

Over the Lifetime of Your Mortgage

While we have access to over 400 mortgage lenders, we deal with less than a handful of these mortgage lenders and because we bring them so many deals, they give us great discounts which allows us to offer you the lowest mortgage rates. You won’t find a lower mortgage rate anywhere else in the Calgary!
  • Alberta & BC Home Equity loans

    Borrowers who may not fit the rigid restrictions of traditional lending institutions may find that a home equity loan is the best way to secure financing for purchasing additional property, refinancing, or consolidation of debts. Chances are the value of your home has increased since you bought it. A home equity loan can get you […]

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    What is a Second Mortgage?

    A second mortgage is a home equity loan that allows homeowners to borrow money from the equity in their home, without refinancing their current mortgage. It’s simply another mortgage on your home – a loan secured against the property. The term “second” indicates that the loan does not have priority on your home in case you default. […]

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    Mortgage Refinancing – Apply Now!

    Are you thinking about a mortgage refinance? Doing an early mortgage refinance has become a bit of a trend; not surprisingly though, everyone is looking to save money where they can. Obtaining a new loan with better interest rates for your home could mean saving money on monthly mortgage payments or using the extra money on other […]

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    Dealing with Tax Arrears & Revenue Canada Debt

    Many self-employed people, presently or in the past, have accumulated tax arrears at some point. The CRA has strong powers to make sure they collect what people owe. They charge penalties and interest on all tax arrears. They can withhold child tax credits and GST credits until the arrears are paid. They can take money […]

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  • Home Appraisals – How to get Maximum Value

    When the time has come to refinance or sell your home, you want to make sure the value of your home is appraised accurately. After all, you have maintained it well and want to get maximum value for your property. Appraisal affects pricing. Knowing what appraisers look for will help you understand the process; you […]

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    Debt Consolidation Mortgage

    ‘Debt consolidation’ is the process of combining two or more debts into one.  It should result in a single debt payment and lower total interest costs. We have a network of Private Mortgage Lenders who will help you refinance the property and liquidate equity when you are in need. Why borrow against home equity Home […]

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    Reverse Mortgages- Advantages and Disadvantages

    A reverse mortgage is a special loan for homeowners 55 +, that lets them borrow against the value of their home, without having to sell their home. The lender will pay the proceeds of the reverse mortgage to the homeowner as a lump sum or as periodic payments and are not considered taxable income. Interest will accrue at […]

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    Declined by bank? Equity Mortgages in Western Canada

    We arrange equity mortgages for clients with all types of credit profiles- from excellent to poor. For us, Equity is King. Alberta Home Lending has success where many big banks fail. Purchases, refinances, renewals – Even properties in foreclosure. If you have been declined by the bank, give us a call right away or apply online. We […]

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  • FORECLOSURE PROCESS in Alberta

    What is foreclosure? -It is a legal process for a mortgagee (lender) to sell, or take ownership of, a property when the owner defaults on the mortgage. In other words, the homeowner entered into a contractual agreement in order to buy the property but has not been able to meet the promises made under the […]

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    NEW First-Time Home Buyer Incentive – Some details

    Why is it for first-time homebuyers only?  For many Canadians, especially young people and first-time buyers, finding an affordable place to call home is not just a challenge – it feels like an impossibility. There aren’t enough houses for people to buy, or apartments for people to rent. That makes finding a good place to […]

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    Bankruptcy vs Consumer Proposal – A Comparison

    Personal bankruptcy and consumer proposals are the top two insolvency options available in Canada. While both will resolve your debts, and provide legal protection from creditors, there are differences between them. Let’s start with definitions of bankruptcy and a consumer proposal: A bankruptcy is a legal proceeding filed under the Bankruptcy & Insolvency Act to surrender your assets in exchange […]

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    Mortgage in Foreclosure – Now what?

    Foreclosure is the legal steps that a lender takes to recover arrears and principal on mortgage loan that is in default. Our Lending Partners are specialized and will help take steps that can stop the mortgage foreclosure from proceeding. The first step is to contact us for more direction. We will do a fast analysis of the foreclosure […]

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  • What is a Vendor Take-Back mortgage?

    A vendor take-back (VTB) mortgage is a type of mortgage in which the seller offers to lend funds to the buyer to help facilitate the purchase of the property. A vendor take-back mortgage often represents a secondary lien on the property, as most buyers will have a primary source of funding other than the seller. […]

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    New Incentive for First-Time Home Buyers

    The Federal Government’s First-Time Home Buyer Incentive will launch on September 2, days before an expected fall election call. The new program was announced in the federal budget in March of 2019, but some of the key details about how the program would work were left out. Below are the details we know so far […]

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    The home-buying process

    Starting Your Home Search The first step of the home buying process is getting a mortgage preapproval, even before starting your home search. This will help isolate your maximum purchase price, and avoid any surprises. Apply online! Here are some ways to begin looking for your new home: Work with a realtor – For most buyers, […]

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    Mortgages – What is the ‘Benchmark Rate’?

    The central bank qualifying rate (aka the Benchmark Rate) is separate from the actual mortgage rates offered by banks. When applying for a mortgage, a lender will ensure you can withstand rate increases and afford future mortgage payments by using the higher of either the Bank of Canada qualifying rate (5.19% at press time) or +2% […]

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  • Home Equity Loans – Calgary

    Borrowers who may not fit the rigid restrictions of traditional lending institutions may find that a home equity loan is the best way to secure financing for purchasing a property, refinancing, or consolidation of debts. Chances are the value of your home has increased since you bought it. A home equity loan can get you […]

    Read More

    Mortgage Loans in Western Canada

    Borrowers in Winnipeg (or the surrounding area) who may not fit the rigid restrictions of traditional lending institutions will find that a home equity mortgage loan is the best way to secure financing for purchasing a property, refinancing, or consolidation of debts. Chances are the value of your home has increased since you bought it. […]

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    Collateralized Mortgages – The Fine Print

    There are two ways a lender registers a mortgage loan when your home is used as the security: as a mortgage charge, or as a collateral mortgage charge. Mortgage charges, which are registered at the Land Title or Land Registry Office (depending on the province), can be registered, transferred or discharged. Collateral mortgage charges are registered […]

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    Alberta`s Lowest Mortgage rates

    Know your options. Beat the Banks. March 27th, 2019 – Recent interest rate drops! Check us out for your Renewal, Purchase or Refinance mortgage! Here are the latest available rates- 1yr fixed 3.79% 2yr fixed 3.64% 3yr fixed 3.59% 4yr fixed 3.39% 5yr fixed 3.19% 5yr variable – P-1.10% (2.85%) 7yr fixed – 4.14% 10yr […]

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  • Mortgages for Self-Employed

    Over the past couple of years, it has become increasingly difficult to get a mortgage for self-employed clients, and the move by the CMHC to limit its insurance coverage to those without income validation will only make things harder. Self-employed borrowers still have access to mortgages with down payments below 20%; they just have to prove […]

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    Buying a Condo – Q & A

    Your life as a homeowner will likely include some time in a condo. Condos suit young adults, and retirees who want to downsize. As houses rise in price, more people in between those extremes may opt for condos. Given the strong foundations for condo demand, there are surprisingly few resources available to help people make […]

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    Who, what and why – RRSP`s

     An RRSP is a retirement savings plan that you establish, that the CRA registers, and to which you or your spouse or common-law partner contribute. Deductible RRSP contributions can be used to reduce your tax. March 1, 2018 is the deadline for contributing to an RRSP for the 2017 tax year. Any income you earn […]

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    What is a `Rent to Own`?

    A Rent to Own (aka Lease to Own) home purchase is a lease combined with an exclusive option to purchase the property within a specified period of time. This is a potential solution for tenants who would not currently qualify for a typical mortgage. Buyers love this because it gives them time to save up for a […]

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  • Manitoba Mortgage Loans

    We now lend in Manitoba – Winnipeg, Brandon, Selkirk, Steinbach, Morden, Portage La Prairie & surrounding areas. Homeowners in these areas who may not fit the rigid restrictions of traditional lending institutions may find that a home equity loan is the best way to secure financing for purchasing additional property, refinancing, or consolidation of debts. […]

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    The Low-Interest Rate Trap

      It started with NASDAQ plunge in 2000: Cheap credit is blessing and curse. Bank of Canada’s challenge is how to let interest rates rise safely. (original article here). Western economies are caught in a low interest rate trap that is proving a difficult problem to fix. Rates have been so low for so long, […]

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    Mortgages for laid-off or unemployed homeowners

    Our Alternative Mortgages Lending program helps individuals who have been laid off, have become unemployed, or who are scheduled to be laid off and need assistance to pay the household expenses for a period of time. Alternative mortgages help impacted individuals on a case-by-case basis to find a solution that can provide temporary relief, without […]

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    Turn Accounts Receivable into Cash

    In today’s business climate, using alternate financing such as Invoice Factoring is an accepted method of maintaining stability within a company. Simply put, factoring is a financial transaction between a company requiring accelerated payment on invoiced goods or services – and a financial lender buys the accounts receivable at a discount. Related Article – Commercial […]

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  • Commercial Mortgages

    What is a commercial mortgage? Commercial mortgages are mid-term loans made using business or commercial real estate to secure payment. The borrower is generally a company or business as opposed to an individual and the business may be either a partnership, limited company or incorporated. Consequently, assessing credit history is more complicated with this type […]

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    What is a RRIF?

    A RRIF is the logical successor to an RRSP both as a tax shelter and as a continued growth investment. It makes your investment grow tax-free while giving you access to the money saved in your RRSP in the form of retirement income. You may withdraw funds according to your needs, however, a minimum amount […]

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    RRSP’s and First-Time Home Buyers

    If you are a first-time home buyer in Canada, with some RRSP`s saved, you may be able to use them as a down-payment to purchase Canadian property. Here are some rules to know. Maximum withdrawal First-time home buyers in Canada can borrow up to $25,000 of RRSP money tax-free to purchase a home, including shares […]

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    Thinking Bankruptcy? Review Alberta rules & exemptions

    **First word – Please note that Albertalending.ca is NOT a Bankruptcy Trustee, and the following notes are general information only. The services provided by Albertalending.ca relate to utilizing home equity to consolidate debts, as a possible alternative to avoid claiming bankruptcy.** -Thanks! Are you a candidate for bankruptcy? Read below if you are considering it. I […]

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  • Raw Land – Tips for Development

    You’ve decided that you want to buy some raw land, but what will you do with it once it’s yours? Do you want to raise cattle? Build your dream home? Use it for a retirement investment? Or develop it so you can quit your day job? Before you start the buying process, it’s best to determine […]

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    Retiring Albertans look to utilize Home Equity as largest source of income

    With house prices continuing to rise in Canada, a new survey reveals nearly 26 per cent of Albertans plan to use their homes as their primary source of income after they leave the workforce. The 2014 Sun Life Canadian Unretirement Index also found that 17 per cent do not know if their investment in their […]

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    NEW MORTGAGE RULES – Coming into effect Jan 1st, 2018

    Stricter new mortgage rules about who can qualify for an insured mortgage took effect across the country. Canada`s OSFI (Office of the Superintendent of Financial Institutions) is “reinforcing a strong and prudent regulatory regime for residential mortgage underwriting.” Here is a link to the OSFI website. OSFI is setting a new minimum qualifying rate, or “stress […]

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    Mortgage Lending? Become the Bank!

    PRIVATE MORTGAGE LENDING Mortgages represent one of most common investments in the world – by banks and institutional lenders. Banks like mortgage investing for the same reasons that you probably will. -Good return on investment. -Relatively lower risk than many alternatives. -Private mortgage lending investments are also RRSP-eligible. Generally, most private mortgages are considered “equity” mortgages, […]

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  • Why use a Mortgage Broker?

    For people who are inexperienced with negotiating, who aren’t sure what the best mortgage product is for them or have a less-than-stellar credit rating, they can save time, money and hassle by using a mortgage broker. A Mortgage Broker is a valuable resource when making home financing decisions. Many customers shopping for a mortgage have chosen […]

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    Credit Basics

    Maintaining good credit – There`s more to it than you think. Read below as you will likely learn something new. The information can apply to anyone – First-time home buyers to existing homeowners looking to refinance. A person`s credit history is stored in a database called a Credit Bureau. Credit Bureaus are privately run companies […]

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    Alberta Mortgage Preapprovals

    Looking to finally purchase a home? Congratulations! A chat with a mortgage professional will help put things in perspective. You might be asked about your plans to start a family, how much you are contributing to your RRSP, what your career goals are, how old your cars are. This conversation will get you thinking about […]

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    Low Oil Prices – Regional, National & Global Effects

    There are pros and cons to low oil prices. Generally, consumers will benefit from a fall in oil prices. A decrease in oil prices would decrease the transportation cost for people as they would be spending less on fuel. This would essentially mean an increase in the purchasing power of their income which translates into […]

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  • Mortgage Prepayment Penalties – A Class-Action Suit brewing vs CIBC

    At least 52,200 British Columbians will be entitled to refund cheques from the Canadian Imperial Bank of Commerce if a recently certified class-action lawsuit succeeds, according to one of the lawyers involved in the case. The representative plaintiff in the case is Victoria resident Erin Sherry, who wanted out of a CIBC mortgage when her […]

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    Welcome to ALBERTALENDING.CA !

    There are generally two ways to get a mortgage in Canada: From a bank, or from a licensed mortgage professional. While a bank only offers the products from their particular institution, licensed mortgage professionals send millions of dollars in mortgage business each year to Canada’s largest banks, credit unions, and trust companies … offering their clients more choice, […]

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    “Canadian housing market: correction, NOT a crash“ -PIMCO Canada Inc.

    The world’s biggest bond fund manager, PIMCO Canada Inc., expects a “cyclical decline” in Canada’s housing market, but says there’s little chance of a meltdown. There has been much media attention on Canada’s housing market lately, with some forecasters calling for “the bubble” to pop in 2014. While we think the housing market in Canada […]

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    Alberta’s economy to continue firing on all cylinders: RBC Economics

    The vast majority of indicators continue to tell a firmly upbeat story about Alberta’s economic strength, as momentum gives no signs of easing, according to the latest RBC Economics Provincial Outlook released today. RBC forecasts that Alberta’s real GDP growth for 2014 will be 3.9 per cent, surpassing last year’s solid estimated pace of 3.7 […]

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  • “Alberta to lead Canada`s Construction Industry through next decade“ – BuildForce Canada

    A new report released Thursday says Alberta will lead Canada’s construction industry through the next decade, with major new oilsands projects and residential work driving job growth in virtually every year between now and 2023. BuildForce Canada’s 2014-2023 Construction and Maintenance Looking Forward forecast said the pace of expansion has resumed, with construction employment across […]

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    “…a decidedly western tilt to economic activity and job growth this year“ -RBC Economists

    The Royal Bank says most of Canada will experience stronger economic growth this year and next, but only Alberta will see the kind of gains that will make a real impact on job creation. The latest quarterly report from Canada’s largest bank predicts the overall economy will expand by 2.4 per cent this year and […]

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    Calgary new condo market booming

    Sales in 2013 up 30% and near peak of 2005 Calgary’s new condo market was booming in 2013 with sales up by 30 per cent from the previous year and coming close to the peak of 2005 when prices were a lot less for a property, particularly in inner-city neighbourhoods. A report by the Altus […]

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    2014 Assessed values plunge for Calgary flooded properties, outside flooded areas rise six per cent

    The flood washed out an average of $208,870 in assessed value for each home damaged by Calgary’s rivers last June, according to the newly released 2014 assessment rolls. (Original article here). The city has begun mailing out annual assessment notices, and the numbers will confirm to homeowners in flood zones what they likely already knew: […]

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  • “Alberta stands out“ in terms of population growth – Statscan

    Brighter job prospects in Alberta and more challenging ones in the eastern side of the country are altering the country’s population flows. Alberta saw another year of above-average population growth in 2012-13, driven by record levels of net international migration and interprovincial migration, Monday’s preliminary population estimate from Statistics Canada shows. One province’s gains are others’ losses. […]

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    Mortgage Rate War coming?

    Newly sworn-in Finance Minister Joe Oliver sounds worried about a potential new outbreak of the mortgage rate wars. Just one week after Jim Flaherty stepped down, Bank of Montreal is shaking up the mortgage market, aggressively cutting its five-year rate to levels that caused the former finance minister to intervene last year. The bank says it will offer a five-year rate of 2.99 […]

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    “There is a growing consensus that interest rates will still be lower than we were accustomed to in the past” -BOC Governor Stephen Poloz

    Canadians can expect to enjoy relatively cheap borrowing costs for some time to come — perhaps years — even after the economy returns to full capacity and the Bank of Canada starts hiking interest rates, BOC Governor Stephen Poloz said Thursday. The central banker told a luncheon in Saskatoon that the economy has room to […]

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    Mortgage Insurance Premiums rising May 1st

    Canada Mortgage and Housing Corp. has raised mortgage insurance premiums for the first time since the 1990s, and signalled more hikes could be on the way. Effective May 1st, CMHC Purchase (owner occupied 1 – 4 unit) mortgage insurance premiums will increase by approximately 15%, on average, for all loan-to-value ranges. The increases, which will apply […]

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  • “Alberta is bound for another housing boom“ -BMO Capital Markets Report

    Calgary’s housing market is quickly heating up again and barring a sudden drop in oil markets, home prices have further to run and home builders will get busier in the year ahead, but a throwback to the frenzied pace of the 2006/07 boom is still a stretch, says new report released by BMO Capital Markets on […]

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    Calgary housing prices forecast to stabilize in 2014

    4.3% gain predicted for next year CALGARY – The Calgary Real Estate Board is forecasting house prices and sales to continue to grow in the resale market in 2014. On Tuesday, the board released its preliminary forecast, saying prices are expected to rise by 4.3 per cent next year and MLS sales are expected to […]

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    Benefits of Equipment Leasing

    Yes, on top of the full-spectrum mortgage lending, I can arrange your lease. But why should you lease equipment instead of buying it or financing it with your credit line or loan? Leasing allows you to save your cash for other things such as inventory, advertising or payroll or investing. When you lease equipment, you […]

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    “Market Correction“ – What this term really means to Canadians

    Pick up any newspaper today and no one could blame you if you got a little worried about the state of the economy or the fear of a pending market correction in Canadian real estate. What if Greece defaults? What about the Fiscal Cliff in the US? Are Canadians taking on too much debt? Have […]

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  • `Those waiting for big declines in home prices will likely be disappointed` -House Price Survey

    House prices remained relatively flat in the first quarter of 2013 compared to a year earlier, with increases across the country averaging between 1.2 per cent and 2.4 per cent, according to a new survey released Thursday. In the first quarter, the national average price of a standard two-storey home increased 2.2 per cent, compared […]

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    Improved disclosure of Interest Rate Differential (IRD) penalties

    Those improvements, announced by the FCAC, were designed to make life easier for people needing to assess the cost of an early refinance or mortgage termination. The first set of enhancements arrived by last September. Among other things, they required banks to develop online educational material about IRD charges and online prepayment charge calculators. The final measures came into […]

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