Mortgage & Wealth Strategies
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Beyond The Rate
As expert mortgage brokers, we know building wealth through homeownership and achieving financial freedom is about more than just chasing the lowest rate—it’s about strategy.
We're taking you behind the scenes and giving you the insider tools and powerful strategies to get ahead. If you’re a first-time homebuyer, you’ll find everything you need to secure your first property and start building wealth from day one.
If you’re an existing homeowner, this is where you take control. Maximize the wealth-building potential of your current home with proven strategies for refinancing, leveraging equity, and optimizing your mortgage for bigger opportunities.
Your mortgage is more than a loan—it’s a gateway to long-term financial success.
Our goal is simple: to equip you with the knowledge and tools to make smart, strategic decisions that will transform your financial future.
Let’s get started.
Category: Mortgage (51 posts)
Mortgage Renewals in Early 2025 – Where Might Rates End Up?
May 4, 2025 | Posted by: Matt Broom-Hall
A friendly guide for Canadian homeowners who are about to renegotiate one of the biggest contracts of their lives. Introduction - Why Everyone Is Talking About 2025 Renewals If your mortgage is co ...
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April 16 - 2025 - Bank of Canada holds policy rate at 2.75%
April 16, 2025 | Posted by: Matt Broom-Hall
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The major shift in direction of US trade policy a ...
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Tariffs and Their Effect on Interest Rates: What Canadian Homeowners Should Know
April 5, 2025 | Posted by: Matt Broom-Hall
You might be surprised to learn how tariffs-taxes on imported goods-can affect your mortgage or home-buying plans. Tariffs can indirectly influence interest rates, which impacts mortgage payments and ...
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Pros & Cons of Paying Off Your Mortgage Before Retirement
March 21, 2025 | Posted by: Matt Broom-Hall
If retirement is approaching, you may be considering whether it's wise to pay off your mortgage early. As with many significant financial decisions, there isn't a one-size-fits-all answer. However, ...
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March 12-2025 - Bank of Canada reduces policy rate by 25 basis points to 2.75%
March 12, 2025 | Posted by: Matt Broom-Hall
The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The Canadian economy entered 2025 in a solid position, with infl ...
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Mortgage Renewal Coming UP and rates higher than 5 yrs ago - Consider increasing your amortization?
March 7, 2025 | Posted by: Matt Broom-Hall
If your mortgage renewal date is approaching, it's important to take action. You might notice something that's hard to ignore: interest rates are significantly higher now than five years ago. You're n ...
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How will tariffs potentially affect Interest rates
February 26, 2025 | Posted by: Matt Broom-Hall
As a mortgage broker in Canada, I often get questions about how global economic events might affect our financial landscape, particularly when it comes to interest rates and the cost of borrowing. One ...
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6 things to know about capital gains and taxes for people across Canada
November 2, 2023 | Posted by: Matt Broom-Hall
So, you made some cash selling your property or stocks at a higher price than you bought them for? High five! But before you start celebrating, there's this thing called capital gains that might show ...
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Understanding and Utilizing Home Equity
October 1, 2023 | Posted by: Matt Broom-Hall
If you've consistently made mortgage payments over the years, you've been accumulating home equity. As this equity grows, homeowners can access it, converting it into cash for various purposes, from h ...
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Navigating High-Interest Rates and Inflation: Your Path to Mortgage Resilience
August 5, 2023 | Posted by: Matt Broom-Hall
Introduction As your trusted mortgage broker, I understand that the current economic backdrop in Canada is presenting challenges for many homeowners. With interest rates on the rise and inflation put ...
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Understanding Credit Scores and Maximizing Mortgage Opportunities in Canada
July 27, 2023 | Posted by: Matt Broom-Hall
Introduction In Canada, your credit score plays a crucial role in your financial life, especially when it comes to major transactions like securing a mortgage. A credit score is a numerical represent ...
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Some great tips to help you save for a home
June 13, 2023 | Posted by: Matt Broom-Hall
A home for most all Canadians is likely the most significant purchase you will make in your lifetime, so it is essential to be well-prepared. It is crucial to understand how to budget and save for ...
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Time to Switch from a Variable-Rate to a Fixed-Rate Mortgage?
June 12, 2023 | Posted by: Matt Broom-Hall
The financial world has been shaken up recently with a rapid climb in interest rates. The Bank of Canada has seen an unparalleled nine increases between March 2022 and June 2023, pushing the standard ...
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Fast-Track Your Mortgage Repayment - Top Strategies Revealed!
June 6, 2023 | Posted by: Matt Broom-Hall
Owning a home debt-free is the dream, isn't it? Who wouldn't want to shake off the shackles of their mortgage ahead of schedule? Yes, the typical Canadian mortgage may span 25 years, but you can outsm ...
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Variable Rate Mortgages: Madness or Money-Saving Strategy?
March 16, 2023 | Posted by: Matt Broom-Hall
Is It Crazy To Consider A Variable Rate In Today’s Market? When considering a mortgage, one of the biggest decisions you will make is whether to go for a fixed or variable rate. A varia ...
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The Life of a Deposit – From Realtor to Close
March 9, 2023 | Posted by: Matt Broom-Hall
The Life of a Deposit – From Realtor to Close Buying a property can be overwhelming. Knowing who does what, where your money goes and all the ins and outs will provide you with some peace of ...
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Selling Your Home in the Winter: How You Can Make the Most of It
March 5, 2023 | Posted by: Matt Broom-Hall
Selling your home in the winter can be a challenging task, but it can also be an opportunity to stand out in a crowded market. With fewer houses on the market and motivated buyers who are eager to mov ...
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Title insurance and home insurance–protect what matters most
February 27, 2023 | Posted by: Matt Broom-Hall
When something goes wrong with your home and you suffer a loss, you need to be able to rely on your insurance coverage. Knowing which of your insurance policies to turn to isn't always easy. Title ins ...
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Everything You Need to Know About Mortgage Rate Holds in Canada
February 23, 2023 | Posted by: Matt Broom-Hall
Everything You Need to Know About Mortgage Rate Holds in Canada If you're planning to buy a home in Canada, you may have heard about mortgage rate holds. A rate hold is an agreement between a borrowe ...
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Mortgage Brokers: Your Complete Guide to Understanding and Using Them
February 2, 2023 | Posted by: Matt Broom-Hall
Mortgage Broker: Understanding the Benefits and Roles Are you looking to purchase a home and wondering if it's better to go through a mortgage broker or directly through a bank? This article aims to ...
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Mortgage Down Payment Canada: A Guide to Understanding Your Options
February 2, 2023 | Posted by: Matt Broom-Hall
Mortgage Down Payment Canada: Understanding the Requirements and Options When buying a house in Canada, one of the biggest expenses is the down payment. In this article, we will answer some frequentl ...
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Bank of Canada increases policy interest rate by 25 basis points, continues quantitative tightening
January 25, 2023 | Posted by: Matt Broom-Hall
The Bank of Canada today increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening ...
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How to Handle a Mortgage After a Separation or Divorce in Edmonton, Alberta
January 4, 2023 | Posted by: Matt Broom-Hall
Mortgage Life After Separation and Divorce Separation and divorce present many challenges. It's a situation you likely never thought you'd never be in, but now there are personal and financial conseq ...
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Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!
January 4, 2023 | Posted by: Matt Broom-Hall
Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance ...
read moreShould You Spend the Full Mortgage Amount You're Approved For?
December 28, 2022 | Posted by: Matt Broom-Hall
Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...
read moreThe Pros and Cons of Fixed vs. Variable Mortgages
December 8, 2022 | Posted by: Matt Broom-Hall
When it comes to choosing a mortgage, borrowers in Canada have two main options: a fixed rate mortgage or a variable mortgage. But which type is best for you? Here, we'll take a look at the pros and c ...
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Bank of Canada Rate Update October 26, 2022
October 26, 2022 | Posted by: Matt Broom-Hall
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 3.75%, with the Bank Rate a ...
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Best Ways to Plan for Your Down Payment
October 19, 2022 | Posted by: Matt Broom-Hall
Best Ways to Plan for Your Down Payment Do mortgages seem unaffordable? These tips will help you plan for your down payment so you can start talking to a private lender mortgage broker in no time. ...
read moreHow Mortgage Rates Affect Buying Power?
September 16, 2022 | Posted by: Matt Broom-Hall
How Mortgage Rates Affect Buying Power? Do You Know How Your Mortgage Rate Affects Buying Power? To maximize your purchasing power, you should understand how interest rates impact your home buying p ...
read moreHow a Mortgage Pre-Approval Can Protect You from Rising Rates
May 26, 2022 | Posted by: Matt Broom-Hall
With interest rates rising, it's important to lock in a lower rate as soon as possible. You can do this with the right home mortgage pre-approval. Find out how! Do you plan on searching for and buy ...
read moreHow is a Private Mortgage Different Than a Traditional Bank Mortgage
May 4, 2022 | Posted by: Matt Broom-Hall
Understanding the difference between private mortgages and traditional bank mortgages can help you make the best decision for financing a new home. Each option provides the money to secure real estate ...
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Top 10 Questions to Ask Your Mortgage Broker in Sherwood Park and Edmonton Alberta
January 19, 2022 | Posted by: Matt Broom-Hall
Top 10 Questions to Ask Your Mortgage Broker The mortgage world can sometimes be difficult to navigate when buying a home. However, an experienced Mortgage Broker can help walk you through the proces ...
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How Much of A Mortgage Can You Afford?
January 5, 2022 | Posted by: Matt Broom-Hall
How Much of a Mortgage Can You Afford? Mortgage Application: How Much of A Mortgage Can You Afford? The mortgage application process involves a buyer's due diligence in calculating how much mortgage ...
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What to Look for in an Edmonton Mortgage Broker
January 4, 2022 | Posted by: Matt Broom-Hall
Getting a mortgage broker is similar in some ways to getting a financial advisor. You'll need one if you don't have the expertise to choose the best loan terms for your home purchase. Mortgage brokers ...
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Prequalification and Pre-Approval—What is the Difference? Home Buying in Sherwood Park and Edmonton Alberta
December 15, 2021 | Posted by: Matt Broom-Hall
What is the Difference Between Pre-Qualification and Pre-Approval? Prequalification and Pre-Approval-What is the Difference? Prequalification is a basic review of the borrower's information to deter ...
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Mortgage Updates & Best Rates
December 1, 2021 | Posted by: Matt Broom-Hall
As we sunset November and set our eyes on the holiday cheer of December, let me be the first to wish you a happy and healthy holiday season.Over the past few weeks, the most common question I get ...
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What to do if You Are Denied a Mortgage
November 24, 2021 | Posted by: Matt Broom-Hall
What to do if You Are Denied a Mortgage Main reasons Why your mortgage application is Denied and What to do If Mortgage lenders reject Yours Mortgage lenders often reject loan application requests f ...
read moreWhat Is Home Equity and How Can I Build It?
October 6, 2021 | Posted by: Matt Broom-Hall
Home equity is an essential asset for creating wealth and income. Learn how home equity is calculated, why it's important, and five steps you can take to build it. As you make monthly mortgage paymen ...
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Getting a Mortgage as a Student
August 21, 2021 | Posted by: Matt Broom-Hall
Purchasing a home is most likely one of the most sizable purchases most of us will ever make, and finally, buying a home is a dream come true for most. For students, it may seem like this dream is fo ...
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What Happens if You Lose Your Job Before Closing?
August 4, 2021 | Posted by: Matt Broom-Hall
A job loss a few days or weeks prior to closing your home purchase can be distressing; especially when you have no alternative source of income. Getting a new job can ease the situation, but it's not ...
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How a Financing Condition Can Save Purchasers From Financial and Legal Penalties
July 21, 2021 | Posted by: Matt Broom-Hall
When you make a deal to buy a home, in addition to thinking about how much money to provide, you likewise need to think about any conditions that you want to include. Some common conditions deal with ...
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Risks of Putting Down a Firm Offer with a Pre-Approval Sherwood Park and Edmonton Alberta
July 7, 2021 | Posted by: Matt Broom-Hall
Risks of Putting Down a Firm Offer with a Pre-Approval Today, the real estate market is competitive and homebuyers need all the help they can get to secure their home at the right price. Once you fin ...
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Low Rates in Sherwood Park and Edmonton Alberta Helping Buyers Pay Off Their Mortgages at Record Pace
June 28, 2021 | Posted by: Matt Broom-Hall
Home prices may be astronomical in certain parts of the country, but historically low mortgage rates are allowing borrowers to pay off their mortgages faster than ever. At today's average rates, 61% ...
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A Nice Home Or A Nice Neighbourhood: Which Matters More?
May 13, 2021 | Posted by: Matt Broom-Hall
A Nice Home Or A Nice Neighbourhood: Which Matters More?When you start shopping for a home, you probably have a very specific image of what you would like that home to look like. You probably also see ...
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Multi-Family Lending: What You Need To Know About Hard Money Loans in Edmonton, Alberta
March 25, 2021 | Posted by: Matt Broom-Hall
Multi-Family Lending: What You Need To Know About Hard Money Loans Multi-family real estate is one of the most popular investments for both newbie and seasoned investors. Buyers in the past used trad ...
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Edmonton Reverse Mortgage Week! Post 2: Who Gets Ownership & What Will You Owe?
March 23, 2021 | Posted by: Matt Broom-Hall
Now that we've talked about 'what' a reverse mortgage is - it's time to discuss ownership and how much you'd owe. Many of our clients preserve a large portion of the equity in their home and our reve ...
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Edmonton Reverse Mortgage Week! Post 4: Myths Debunked & Customer Stories
March 23, 2021 | Posted by: Matt Broom-Hall
Reverse mortgages have come a long way. They have evolved from a needs-based product to a solution that many financial planners recommend as an important component of a comprehensive retirement plan. ...
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Edmonton Reverse Mortgage Week! Post 3: Can You Use a Reverse Mortgage to Purchase a Home?
March 22, 2021 | Posted by: Matt Broom-Hall
Many retirees take out a reverse mortgage to boost their retirement income, pay for home renovations, give financial help to family members or to help them pay off debt while staying in their current ...
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Edmonton Reverse Mortgage Week! Post 1: What Is A Reverse Mortgage?
March 20, 2021 | Posted by: Matt Broom-Hall
The number of reverse mortgages in Canada has almost tripled over the past 5 years, and interest in this product from clients right across the country continues to accelerate. That is why it is ...
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Should You Pay Off Your Mortgage Early?
December 28, 2020 | Posted by: Matt Broom-Hall
It's a dream to be able to pay off your mortgage early, but is there a downside? While it sounds like a great idea, there are some factors to consider before doing so. This article will ex ...
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Why Borrowers May Choose a Private Mortgage in Edmonton, Alberta
February 26, 2020 | Posted by: Matt Broom-Hall
Why Borrowers May Choose a Private Mortgage When most people want to buy a home, they get a list of local banks and mortgage companies to start comparing the available financing options. However, the ...
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