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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

So you want to do a home renovation project?! Now its time to look for the right contractor to do the job! Doing a thorough job looking online and asking friends and family is important. Once you find your potentiate contractor, its time to treat the process like a job interview! Being prepared with the […]

Hi! In my experience is there is a huge difference between a rate hold and a pre-approval. Rate holds can be a quick conversation and consent for credit. The file is submitted without verification of income or down payment and the rate hold can be up 90-120 days. A formal pre-approval includes collection all of […]