The Bank of Cananda Lowers its Prime Rate

On June 5, 2024, The Bank of Canada made the decision to cut its overnight prime lending rate by 0.25% to 4.75%. If the banks follow suit, which

MMGJune 6, 2024

Understanding Mortgage Default Insurance (CMHC Insurance)

Any homeowner looking to obtain a new mortgage should be familiar with mortgage terminology and if you’re looking to purchase with less then 20% down payment, then you will want to be familiar with the term “mortgage default insurance.” If you’re not familiar, here is an outline that includes the impacts of this insurance.

MMGApril 23, 2024

Co-Signor Versus Guarantor – What is the Difference? And are There Other Options?

There are many times when an applicant can’t quite get the approval or property that they are gunning for. That’s when we reach that tipping point when the addition of a non-occupying applicant is required to push

MMGApril 11, 2024

Your Tax Guide to Navigating Homeowner and First-Time Buyer Deductions This Season

As the April tax deadline approaches, understanding the many options of tax credits can be a big deal for existing homeowners and first-time buyers.

Whether you're stepping into your first home or you're a seasoned homeowner,

MMGApril 2, 2024

Proposed Blanket Rezoning for Calgary

In Autumn 2023, significant residential zoning adjustments were approved in Edmonton, sparking anticipation among Calgarians for similar changes in Calgary. As expected

MMGMarch 20, 2024

The End of The First-Time Home Buyer Incentive Program

The First-Time Home Buyer Incentive Program has been discontinued effective midnight on March 21, 2024.

MMGMarch 11, 2024

Maximizing Your First Home Purchase: Understanding the RRSP Deadline and Benefits

Are you a first-time homebuyer looking to make the most of your purchasing power? Understanding the ins and outs of financial tools like the Registered Retirement Savings Plan (RRSP) can significantly

MMGFebruary 20, 2024