Header Flash Element
RSS Feed

Our Blog

Home renovation tax credit spurs record spending in Alberta

We found the following article in the Calgary Herald about the Home Renovation tax credit and we think it is a good read. " CALGARY - Despite the recession in 2009, Albertans spent a record amount on home renovations in the past year.

Read more

Alta West Mortgage COO Dave McKitrick Wins the 2010 Alternative Lending Broker of the Year Award at this year’s Annual CMP Awards

The CMP Canadian Mortgage Awards announce Dave McKitrick as the 2010 Alternative Lending Broker of the Year

Read more

Dave McKitrick: CMP's Canadian Mortgage Awards Alternative Lending Mortgage Broker of the Year

The 4th Annual CMP Canadian Mortgage Awards gala was a huge success, attracting approximately 500 guests - the largest attendance so far. Our very own Dave McKitrick took home the award for "Best Alternative Lending Mortgage Broker of the Year" Congratulations Dave! Here is the complete list of winners for 2010:

Read more

Calgary house prices to rise 5%-7%

According to an article posted on the Calgary Herald website "The Conference Board of Canada is forecasting house prices in Calgary to experience short-term - over the next six months - year-over-year growth in the range of five to seven per cent.

Read more

Bank of Canada holds key rate steady, but withdraws earlier policy not to raise rates until July

The Bank of Canada has left its key interest rate untouched, but given notice that its pledge to keep rates stable until the end of June is no longer in effect.

The news drove the Canadian dollar sharply higher, jumping 1.52 cents in early trading to just above parity with the U.S. dollar.

The bank has left its overnight rate at 0.25 per cent.

Read more

Location, location, location crucial to first-time home buyers

"CALGARY - In residential real estate, there's an old saying about how location is an important factor in any purchase - besides the price of course.

A BMO Bank of Montreal survey, released today, says that among current and future first-time home owners, location is the main reason they would consider offering more than the asking price for a home.

Read more

Rate Hike: Fear sparks Calgary housing sales

According to recent news "Talk of rising mortgage rates has motivated buyers to take the plunge in March into home ownership, with preliminary data showing MLS sales are up considerably from a year ago -- and average prices are following the upswing."

Article Source: Cagary Herald

Read more

Alta West's Dave McKitrick is Nominated for CMP's "Alternative Lending Mortgage Broker of the Year "

With our popular vote awards categories announced (click here to vote), we want to tell you about the finalists in the remaining awards slots.

Read more

Mortgage Broker News at a Glance

Housing market to be tamer over next decade:

Despite 2010's strong start, Scotiabank expects the "twenty-tens" Canadian housing market to pale in comparison to the previous decade....(Read More)

Read more

MLS: Rules are now loosened

An article publised by Homes-Extra.ca has announced that "members of the Canadian Real Estate Association agreed Monday to loosen rules governing the board’s Multiple Listing Service in a move that could usher in new-found power and savings for prospective homebuyers and sellers involved in real estate transactions."

Read more


TODAY'S RATES

and available loan programs
3.69%
5 Year Fixed
Close by Oct 30
2.15%
5 Year Variable
Prime -0.60%
2.05%
3 Year Variable
Prime -0.70%

Recent Blog Entries

Don't wait, buy when you can Trying to foresee the future can be tricky, and trying to guess the...
Alta West Mortgage News Update Housing starts will slow: CMHC
Helping a child buy their first... Thinking of purchasing a home for your child? While this is exciting for...