Blog

Interest Rates are on the move... they are increasing!

(December 02, 2016)

Understanding Yield and the Effects of Rising Interest Rates

Think of yield as the return provided by a fixed income investment. The yield of a bond is based on both the purchase price of the bond and the interest (or coupon) payments received each year. Yield is often the term used to describe long-term interest rates.     

                                                                     Yield = Coupon                        
                                                                                  Bond Purchase Price.

Why Rising Interest Rates (and Yields) Push... read more.

ATB predicting  a modest rebound for Alberta

(November 06, 2016)

Sales in Rocky in October slowed slightly compared to September, which is typical for this time of year. The number of active listings is down again, but still higher than the numbers we saw at this time last year. The 7.3% sales to listing ratio means buyers are still in the driver's seat with ample choices and competitive prices. Without question, this is the perfect time to buy, assuming we hav... read more.

Five tips for first-time buyers

(October 23, 2016, posted in First Time Buyers)


No matter how much time you spend on researching and educating yourself about your home purchase, it’s hard to cover every detail. Here are a few tips for avoiding rookie mistakes with your first home purchase.

  1. Save as early as you can: Even if you think you’re years away from buying your first home, try to start saving for your down payment. It makes a huge difference in your monthly payments, and... read more.

REAL PROPERTY REPORTS AND COMPLIANCE CERTIFICATES

(October 16, 2016, posted in Real Estate Reports)

Have you recently considered selling your Rocky Mountain House home or taking out an additional mortgage? If so, you already know that there is quite a lot of paperwork required and you may be feeling a little overwhelmed.

One of the first things your bank will require before the sale of a home can be finalized or the mortgage funds released, is a Real Property Report (RPR) and a Compliance Certifi... read more.