How to Increase Your Chances of Getting a Mortgage in Grande Prairie

Mortgage financing rules have changed on both a federal and provincial level. However, these rules are not the only things that determine your eligibility for a mortgage. Here are a few other factors that affect your ability to get a mortgage and ways you can improve...

The Most Important Things to Look for in a Grande Prairie Mortgage Broker

While a mortgage broker makes the process of securing a mortgage and buying a home smoother, many potential home buyers don’t know what to look for in a mortgage broker. What are the most important things to look for in a Grande Prairie mortgage broker? Attitude A...

Rates Held Steady as Bank Mulls When to Raise Interest Rates  

The April 2018 decision by the Bank of Canada was to keep interest rates steady at 1.25%. This is, historically speaking, a very low rate. The question for everyone else was not if they’d raise interest rates that had been kept low to prop up the economy but when...

Why Parents Are Helping Their Adult Children Buy Houses

Around a fifth of first time home buyers had help from family, though it takes a variety of forms. Let’s look at a few of the more common reasons why parents are helping their adult children buy homes in Grande Prairie.   “Get Out of My House.”   Around a third of...

Common Mistakes Grande Prairie First Time Home Buyers Make

These are the most common mistakes Grande Prairie first time home buyers make, and we’ll tell you how to avoid making these mistakes yourself.   Buying More than They Can Afford   There are several ways someone buys too much than they can afford. One is buying a house...