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Stories Tagged - Mortgage Rates

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News

Feb. 01, 2021 | Mario Toneguzzi

Rock-bottom interest rates throughout 2021 could nudge even more Calgarians into the housing market

Historically low interest rates are helping boost the residential real estate market in Calgary and across the country, with the trend expected to continue throughout 2021.

Jenny Hoa and Patrick Yeung, who are selling their individual condos in order to buy a move-up home and combine their households in Simons Gate. Photo by Adrian Shellard/For CREB®Now
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Sept. 21, 2015 | Alex Frazer Harrison

Right place, right time

Buying decisions encouraged by favourable conditions

Timing, they say, is everything.

Just ask Patrick Yeung and Jenny Hoa, who are selling their individual condos and moving into a newly constructed home in the northwest community of Symons Gate later this year.

"It was a coincidence – perfect timing," said Yeung of buyer-friendly market conditions currently in Calgary's residential resale housing market.

"We'd already decided we wanted to get a home together, but the timing just fell together."

Although Yeung and Hoa work across the city from the deep-northwest community (he near Marlborough Mall, she near Chinook Centre), both of their condos are in the Panorama-Kincora area, and both wanted to stay in the region to be close to friends and family.

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April 01, 2015 | CREBNow

Devil in the details with low-rate mortgages

Save long-term pain by reading the fine print

nolanConsumers taking advantage of low mortgage rates from banks and brokers may not realize  what they are truly getting – or in some cases what they're not getting.

Last week, Mortgage360 received three inquiries from homeowners whose respective mortgages went wrong with other brokers or banks. In all three cases, the homeowners had attempted to refinance their previous low-rate five-year fixed mortgages into new, lower-rate variable mortgages.
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Jan. 27, 2015 | CREBNow

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Jan. 23, 2015 | CREBNow

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Dec. 12, 2014 | CREBNow

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May 28, 2014 | CREBNow

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May 13, 2014 | CREBNow

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March 28, 2014 | CREBNow

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CREB® acknowledges that its office is located, and that its REALTOR® members serve, on the traditional territories of the peoples of the Treaty 7 region and Métis Nation of Alberta, Region 3. We honour and acknowledge the members of the Métis community and specifically, the Métis Nation Region 3. In the spirit of reconciliation and because we are all treaty people, we also acknowledge all Calgarians who make our homes in the traditional Treaty 7 territory of Southern Alberta.


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