A Real Example of How Refinancing Can Transform Your Finances If you’ve ever wondered whether refinancing your mortgage is worth it, this real-life example from a recent Alberta client shows just how powerful the right strategy can be. (Details have been anonymized for privacy.) What would you do with an extra $2,992/month? This is the power of a smart mortgage refinance strategy. This homeowner wasn’t struggling to make payments—but like many Canadians, they had accumulated

Bank of Canada Holds Rate at 2.25%: What It Means for Variable Mortgages, HELOCs, and Renewals in Alberta Bank of Canada holds its overnight rate at 2.25%—a sign of stability for now, but still a good time to review how your mortgage could be affected. The Bank of Canada announced on March 18, 2026 that it is holding the overnight lending rate at 2.25%. For many Canadians, this was expected and offers a sense of stability in the current lending environment. From a mortgage pe

Tax Season Is Here — Is Your Mortgage Strategy Ready? A focused workspace setup featuring a laptop, notebook, calculator, and a bright red alarm clock—capturing a productive moment of planning and organization. Tax season mortgage planning in Alberta isn’t just about filing returns — it’s a powerful financial planning opportunity. Whether you're: Planning to buy your first home Renewing your mortgage this year Considering refinancing Self-employed and managing taxable income

By Shawn Mooney | Jan 28, 2026 The Bank of Canada made its first major move of 2026 this morning—by making no move at all. The Bank of Canada released its latest interest rate decision on January 28, 2026. Read on to discover why they chose to hold the rate steady at 2.25% and what it means for your mortgage. In a decision that was widely anticipated by economists, the Bank announced it is holding the overnight interest rate steady at 2.25% . While many homeowners were hoping

The "Third Monday" Slump is Real (And So Are the Credit Card Bills), January Blues or Blue Monday. "We can't fix the January weather, but we can definitely brighten the financial forecast." Did you know that today, the third Monday in January, is often referred to as "Blue Monday"? It has an unofficial reputation as being the most difficult day of the year. It’s not hard to see why. The decorations are down, the days are still short, daylight is scarce, and the festive cheer

It is that time of year again— 2026 Property Assessment Notices  are arriving in mailboxes across the province. Your 2026 Property Assessment Notice is the baseline for your upcoming tax bill. Is the number accurate? For many homeowners, opening that envelope brings a mix of emotions. On one hand, it is validating to see your investment grow; seeing a higher figure on paper confirms that your home has appreciated in value. However, there is a flip side to that equity boost th

Have you found the perfect plot of land and thought, "I would love to build my dream home here,"  but weren't sure how to finance the purchase before you are ready to break ground? Don't let the perfect spot slip away while waiting on construction plans. Raw land loans can help you secure the lot today. We are breaking down Raw Land Loans —a specialized financing solution for clients who want to secure their lot now and start building shortly after. Buying raw land is differe

📰 Bank of Canada Holds Steady at 2.25%: What it Means for Your Mortgage Rate stability confirmed! The Bank of Canada kept the overnight rate at 2.25% , meaning the Prime Rate for variable mortgages and HELOCs remains steady at 4.45%. Today's announcement from the Bank of Canada confirms that the target for the overnight rate will remain unchanged at 2.25% . This was a widely anticipated decision that signals a period of immediate stability in the Canadian interest rate envir

Bridge Financing: How to Buy Before You Sell (Without the Stress) 🌉🏠 Bridge the gap between your "Sold" sign and your new keys. Have you found your dream home, but the possession date is before the closing date of your current home? Don't panic! This is a common scenario in real estate, and there is a specific tool designed exactly for this moment: Bridge Financing . If you are trying to juggle moving dates and down payments, here is everything you need to know about bridg

Mortgage Renewal 101: Don’t Just Sign the Paper! ✍️🏡 Before you lock in with your current lender, let’s look at the "Big Picture." ✅ Are you getting the best rate in the market? ✅ Can we lower your monthly payments to manage "payment shock"? ✅ Is it time to consolidate debt or use your equity? Is your mortgage maturity date approaching? If you are like many homeowners, receiving that renewal letter in the mail can bring on a mix of stress and confusion. Many people simply si

Unlock Your Home's Full Potential in Alberta. Finding the "perfect" home can feel like searching for a needle in a haystack. What if you find a house in an ideal location, with the right number of bedrooms, but the kitchen is stuck in the 80s, or the basement is just unfinished concrete? Many buyers walk away, thinking they can't afford the purchase and  the necessary renovations. But what if you could finance both with one convenient mortgage? Dream home or "fixer-upper"? Wh

Choosing the right mortgage partner is one of the most important financial decisions you’ll make. Whether you work with a bank or a licensed mortgage broker  can significantly impact your interest rate , approval success, and overall experience. Here’s a clear, optimized breakdown to help you decide which option is best for securing your home loan. Choosing your mortgage path: On the left, a mortgage broker offers personalized service and access to a network of lenders. On th

Alberta teachers have now been on strike for nearly two weeks, and I’ve started receiving inquiries from educators concerned about their mortgage payments during this challenging time. Since teachers aren’t compensated while on strike, many are facing financial strain. If you're in this situation, please know that most lenders offer options like mortgage payment deferrals or skip-a-payment programs  to help ease the burden. Here’s what you should know: 🔹  During a Deferral:

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After seven consecutive rate cuts, the Bank of Canada holds its overnight rate at 2.75%—keeping the prime lending rate at 4.95%. With...

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