What is Mortgage Refinancing?
Posted on Sep 02, 2020
Mortgage refinancing is the act of paying off an existing mortgage with a brand new one. Homeowners do this to take advantage of a lower interest rate, consolidate debt, change mortgage types, or access the equity in their home.If done carefully, refinancing can save you thousands of dollars over the course of your mortgage. If you keep the same mo...
5 Questions to Determine How Big of a Home You Actually Need
Posted on Sep 02, 2020
1. Is this my ‘forever’ home, or is ‘right now’ good enough?
While you can’t predict the future it is possible to evaluate the likelihood you might be moving in coming years. If so, then maybe you don’t need to buy that perfect “forever home” where you’ll grow old; maybe a “right now” home is good enough.
2. What will my income look like later?
If you...
August home sales consistent, but COVID-19 impacts continue
Posted on Sep 02, 2020
City of Calgary, September 1, 2020 –
Total residential sales in August were relatively stable compared to last year with year-over-year gains in the detached and row sectors.
These gains offset declines in the apartment and semi-detached products.
With 1,573 sales in August, this is consistent with levels over the past five years. Year-to-date sales a...
Low-Risk Ways to Move More
Posted on Aug 06, 2020
There are many activities you can enjoy close to home, whether you’re visiting your favorite public park or even spending time in your neighborhood. Get moving with these low-risk outdoor activities during the pandemic:
- Walking, running and hiking
- Rollerblading and biking
- Fishing and hunting
- Golfing
- Kayaking, boating and sailing
- Fitness class...
Open Houses are Safe and Permitted Under Phase 2
Posted on Aug 06, 2020
If you are in the market to purchase a property, visiting open houses is a great way to gauge what’s for sale in a certain community. Although open houses are now permitted under Phase 2, there are a few things to note for your own safety and the safety of the seller.
Access is limited to one family group at a time. If another family group is viewin...
Detached and semi-detached home sales rise, but economic uncertainty remains
Posted on Aug 06, 2020
City of Calgary, August 4, 2020 –
With higher sales for both detached and semi-detached product, July sales totals rose above last year's levels. Despite the improvements in July, year-to-date sales remain 15 per cent lower than last year's levels.
"There have been improvements relative to the lowest sales levels caused by COVID-19, but it is too ear...