Calgary Mortgage Update (Spring Edition)
Posted by Cody Tritter on
May 2019 Calgary Mortgage Update
Courtesy of our wonderful mortgage partner Renee Huse, we're excited to share a spring (almost summer) market update!
Hello Spring (almost)...
We've seen a massive flurry of activity in April and May in the Calgary Real Estate and Mortgage market. Homes, positioned properly in the market, are selling quickly and even with multiple offers. It's been exciting to see this activity and makes me hopeful about some recovery in the Alberta markets over the next 24 months.Mortgage Rates continue to be very aggressive. Lenders, both the big ba
nks and the mortgage companies, have been very competitive with their fixed rate business. Fixed rates have fallen below variable rates. This is very different from what we…
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