Bond Yields are Rising – What this Means for You

This just in from one of Home Mortgages Calgary’s lenders: Due to a new 5 year rate of 4.09%, Canadian 5 year bond yields are up 14bps to 2.71. It was only a month ago that 5 year bond yields were at 2.07. Read more

General Information and Documents Required for a Mortgage Pre-Approval

December 22, 2008  
Filed under Preapproval

When you visit your Calgary mortgage broker for the first time to obtain a mortgage pre-approval, there are certain documents and information you should bring with you so your mortgage application is as complete as possible: Read more

Calgary Mortgage Pre-Approvals

December 19, 2008  
Filed under Preapproval

What is a Mortgage Pre-Approval?
A mortgage pre-approval is a document from a mortgage lender stating, based on the information provided in your mortgage application, they will be willing to provide you with a mortgage loan of a certain amount at a certain interest rate. Read more