25 Apr

Conquering Lethbridge’s Housing Market: A Guide to Mortgage Pre-Approval

Mortgage Tips

Posted by: Allison Kehler Tolley

Lethbridge, Alberta’s vibrant city, beckons with its burgeoning neighborhoods and friendly charm. But before you dive into open houses, securing a mortgage pre-approval is a crucial first step.  This empowers you to make strong offers and streamlines the homebuying journey. Why a  Pre-Approval? Credibility Boost: A pre-approval letter showcases you as a serious contender to […]

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12 Mar

Tips to Improve Your Credit Score

Mortgage Tips

Posted by: Allison Kehler Tolley

One of the important factors in home ownership is understanding things like your credit score. Some people don’t pay much attention to this metric until they begin the mortgage discussion! However, you will find that your credit score is one of the most important factors when it comes to qualifying for a mortgage at the […]

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5 Mar

Mortgage Fraud Awareness

Mortgage Tips

Posted by: Allison Kehler Tolley

Did you know? March is Fraud Awareness Month. Protecting yourself and your mortgage from fraud is crucial to safeguard your financial well-being. Understanding some of the more common mortgage fraud scams and how to protect yourself can make all the difference! The most common type of mortgage fraud involves a criminal obtaining a property, and […]

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13 Aug

What Affects Your Credit Score?

General

Posted by: Allison Kehler Tolley

What Affects My Credit Score? By TransUnion By now, most graduates have waved goodbye to grades, at least for the summer.  But whether graduation was long ago or last week, you’re still being graded in one way you may not have realized: your creditworthiness. Credit scores may be an evaluation of your creditworthiness, one way […]

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16 May

Stress Test Increase. Who will be affected?

General

Posted by: Allison Kehler Tolley

The date of a proposed increase in the stress test rate for uninsured mortgages is looming, with the Office of the Superintendent of Financial Institutions (OSFI) set to publish recommendations on the hike on May 24. The change – which would see the threshold increase on June 01 to 5.25% or two percentage points above […]

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6 May

LETHBRIDGE and Area this past month …Compliments of Michelle Greysen

General

Posted by: Allison Kehler Tolley

REAL ESTATE UPDATE “Sales continued to surge this month, pushing year-to-date sales up to 736 units. Not only is this a record start to the year but reflects sales that are over 66 per cent higher than long-term averages. Lethbridge has continued to see a steady rise in employment levels since the lows of the […]

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21 Apr

Bank of Canada Makes Rate Announcement

General

Posted by: Allison Kehler Tolley

Amid an improved outlook for both the domestic economy and the global financial system and the Bank of Canada announced that it will hold its target for the overnight rate at the effective lower bound of 0.25%, and that it will be adjusting its weekly net purchases of Government of Canada bonds. The bank rate […]

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14 Apr

Lethbridge and Area This Past Month….Michelle Greysen CIR Realty

General

Posted by: Allison Kehler Tolley

Lethbridge market continues to be carried by most of the sales in the 200,000.00- 400,000.00 range, but sales did increase across all price ranges. In fact the sales for the month of March out performed the 10 year average by 61%. The detached and semi detached markets continue to rise. The row and apartment style […]

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11 Apr

Getting Your Grass Green and Growing, Ready For Spring!

General

Posted by: Allison Kehler Tolley

Spring is just around the corner and I have a few great tips to get your yard ready for the the coming season! 1. Clean Up Your Yard: Remove and branches or other debris that has piled up over the winter months. Rake out the old dead grass and debris. If you have a leaf […]

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6 Apr

What is Reverse Mortgage?

General

Posted by: Allison Kehler Tolley

Did you know? Reverse mortgages are gaining popularity for Canadians over 55! Many Canadians are looking to retire but are faced with high debt loads and ongoing expenses and a reverse mortgage can help! This is also a great product for anyone wanting to help their elderly family members. Instead of selling their house and […]

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