What to Expect from Canada’s Housing Market in 2022

News What to Expect from Canada’s Housing Market in 2022 I’d like to wish you a very happy, healthy and prosperous 2022! Not many forecasters anticipated the extent of the housing market’s performance in 2021. The year ended with both home sales and...

Planning on Gifting a Down Payment This Holiday Season?

News Planning on Gifting a Down Payment This Holiday Season? The season of giving is upon us. For some parents, that means snapping up Black Friday deals to ensure happy kids on Christmas morning. For others, it could mean forking out tens of thousands of dollars to...

Don’t stress over the new mortgage “stress” test

News Don’t stress over the new mortgage “stress” test As you probably know, the mortgage rules are changing once again, effective Jan.1, but if you’re looking to buy a home, the time to act is now.  It’s expected that many federally-regulated lenders will implement...

New Year, New Rules – 2018

News New Year, New Rules – 2018 New year rings in with new rules… How large of a mortgage do we qualify for now and after January 1, 2018? Ready for a Better Experience? First Avenue Financial – Okotoks 205 – 15 McRae Street, PO Box 1483 Okotoks, Alberta...

Mortgage rule changes are on the way

News Mortgage rule changes are on the way There isn’t much doubt that more significant mortgage rule changes are on the way, perhaps as early as Oct. 2.Canada’s banking regulator, OSFI (the Office of the Superintendent of Financial Institutions), is attempting to cool...

Renew Early Rates on the Rise

News Renew Early Rates on the Rise We Can Save You Thousands of Dollars by Switching Your Mortgage Now! The era of nice surprises for people renewing their mortgages is over! After five years of trending lower, mortgage rates have reversed course and started to rise....