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Competition = Low Mortgage Rates

Many Albertans apply for a mortgage with just one lender, often their bank, without shopping around without realizing that competition always results in the best deal.

We will survey the market and search dozens of mortgage lenders to find the best rates in Canada. This FREE unbiased service ensures that you will receive low mortgage rates and huge savings over the term of your mortgage:

Term
Our Rate
Bank Rate
Savings
 
3 years 3.94 3.89 $362.67
5 years 4.19 4.99 $9,584.37
7 years 5.1 5.80 $11,695.76
 
Above calculation based on a $250,000.00 mortgage loan over a 25-year amortization period using a monthly payment schedule (mortgage loan for an average Calgary inner-city two-story home).
* Mortgages and rates subject to change without notice.

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  • Posted on Wednesday December 31, 1969

  • Posted on Wednesday December 31, 1969

  • Posted on Wednesday December 31, 1969

  • Posted on Wednesday December 31, 1969

  • Posted on Wednesday December 31, 1969

  • Posted on Wednesday December 31, 1969

This Week's Topic And Mortgage News and Events

 
Obtaining a mortgage is one of the most important decisions you may ever make, and with so many choices and ongoing decisions, the right advice can have a huge financial impact. CanEquity Mortgage is an active member of the Better Business Bureau and has helped tens of thousands of Canadian's with their mortgages.

Who should be Involved When Purchasing a Home?

Buying a home is not simply a transaction between the buyer and the seller. While the process can be some what complex, there are a number of professionals that can help make the purchase of your new home go as smoothly as possible.

Professionals Helping your Homebuying Decision

For example, you can enlist the services of the following professionals to help you when purchasing your new home:

  • Realtor
  • Lawyer
  • Mortgage Broker / Mortgage Lender
  • Home/Property Appraiser
  • Home Inspector
  • Builder's Representative (if building a new home)

Applying Online

By simply filling out our online application, we can quickly assess and evaluate your situation and provide information about the best mortgage for you.

Applying for a loan with an individual lender can often mean that you only have access to the options that particular company offers whether or not it is the right loan for you.

High pressures sales tactics often come into play as individual lenders have a vested interest in obtaining your business, however, as independent professionals there is no interest in any one vender so we will do our best to find the best Canadian Mortgage for you.

Should I Purchase a New Home or a Re-Sale?

First-time home buyers have many decisions to make after deciding to purchase a new home. These decisions can be overwhelming and even frustrating if they do not have all the facts.

Buy a New Home or a Re-Sale

A common question for many first-time home buyers is whether or not to build brand new or to purchase a re-sale. Let our professional mortgage brokers at Alberta Equity Mortgages ease your frustration by offering solid advice while providing both the pros and cons of building brand new or purchasing re-sale.

Closing Costs Associated with Purchasing a New Home

Be prepared to pay some closing costs when purchasing a new home. These costs are not part of the property purchase, but additional items that you should consider. However, it is important to remember that these items may not be applicable in all cases, so check with your lawyer for a complete list of all closing costs specific to your situation. Possible closings costs can include:

  • Legal fees
  • Property Transfer Tax
  • Interest Adjustment
  • Property Tax Adjustment
  • Property Appraisal
  • Property Inspection
  • Survey Certificate
  • Insurance Binder

Note: Some of these costs may be included in your legal fees as your lawyer will arrange for the service to be completed.