BREAKING Mortgage News | Coronavirus Causes Drop In Mortgage Rates!

Calgary Mortgage News

Effective this morning the Bank of Canada has decreased their overnight lending rate by 50 basis points or .5%.  Although many expected a rate drop in late 2020, this was certainly a more substantial drop than anticipated.  This drop comes on the back of general weakness in the global economy due to the Coronavirus or COVID-19 outbreak and the .50% drop by the Federal Reserve yesterday, March 3rd 2020.

Before today, the last move to the Bank Prime Rate was in October of 2018.    

The media is full of information (some correct and some incorrect) so we wanted to take some time to break down exactly how this effects mortgages and our clients in the Calgary, Residential Real Estate Market.  

 What drives mortgage rates?…

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Ifly Calgary Review

Reviewing IFLY Calgary

We LOVE repping this city, so much so that we put it into our slogan ;) REPYYC just search #repyyc on social media to see how much great content we've put out featuring our incredible city! Our team put together an incredible year at our brokerage Re/Max First serving over 180 families throughout 2019 - and landing as the number one team in Re/Max First 6 times with many other top three finishes throughout the year! With big victories, comes big celebrations and we wanted told the team that sky diving was in the works! Unfortunately this was later in the year and nobody was interested in jumping out of a plane in the cold winter months, so we decided to visit the new Ifly sky diving simulator in Deerfoot City Calgary. 

Shot…

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Canyon Meadows REALTOR

REALTOR® Dusko Sremac 

If you live in Canyon Meadows there's a good chance you've seen the name Dusko Sremac leader of the Real Estate Partners Team with Re/Max First around the community, whether it's an open house, a for sale sign in front of one of our listings, or on one of the many bus benches seen throughout the community. Dusko is an experienced 

If you're not familiar with the community of Canyon Meadows, it's a community located in the heart of the southwest side in Calgary, whether you're in a car, or taking transit, this community is easy to commute from. You'll find the Canyon Meadows LRT station located within the neighborhood, this provides you with direct access to downtown, as well as SAIT and the University of Calgary. Nearby…

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Best Calgary Real Estate Agents

Top 10 Calgary Real Estate Agents of 2019 Announced by Rate-My-Agent.com

This press release was just distributed to the Real Estate Partners Team at Re/max First 

(Calgary, AB, February  11th, 2020)

The top Calgary real estate agents for 2019 have been
announced by Rate-My-Agent.com. The review site compiled and published a list of top 10
Calgary agents based on ratings and reviews received during the past year.

Unlike other agent ranking sites, agents can’t pay to have negative reviews removed or hidden
and cannot pay to be included on the list of top-rated agents. The company says the reviews
are verified through a process they wouldn’t disclose in order to protect the integrity of the
process. When asked if they’ve had agents try to cheat, a…

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Eight Winter Tips For Homeowners

Our latest blog prepares you for the cold winter months of Canada with...

8 Tips For Homeowners in the Winter!

From saving on energy bills to proper maintenance and winterizing tips, the Real Estate Partners with Re/Max First  (a top Calgary real estate brokerage and a top real estate team) that proudly serves Calgarians and the surrounding areas of Cochrane, Airdrie, Okotoks, Langdon and Chestermere.  

1.  Thermostat 

    Feeling the woes from last years winter bills? Your furnace running constantly to keep your home at a toasty... 24? 23? 22? 21? Either way, you're definitely relying on a thermostat to keep your house temperatures in check, but when you're not home, why are you heating the house up? As many of you know and probably…

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First time Home Buyer Tips

Top tips for Home Buyers (First Time) in Calgary 

If you’re not into reading articles, but the headline caught your attention, feel free to give us a call 587-578-7653 to get matched with a top REALTOR in Calgary who can provide free real estate advice and answer any questions you may have as a buyer, we have agents who specialize in assisting first time home buyers, investors, move ups, and much more.

If you’re a first time home buyer who’s looking for a few tips on the process of buying a home, we’ve put together 10 tips that you must read before you start the home buying process. 

1. Don’t settle with your bank for a mortgage.

   There are many options out there when it comes to your mortgage options, book an appointment with both your…

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Calgary Home Insurance Tips

 Home Insurance Tips For Calgarians

Much like real estate, many first time consumers are daunted by the complexities of insurance, sure it's easy to walk in, give some details, and obtain coverage that you believe to be adequate, but what about all that fine print on your contract? The coverage, the limitations, and the perils or losses that simply aren't covered are all details you should familiarize yourself with before selecting the right policy for you and your family. 

We've put together a quick little infographic to get you started, but highly recommend you give us a call at 587-578-7653 and ask our client care team to match you with our preferred insurance partners and other highly recommended insurance professionals that we utilize for…

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12 Questions You Need To Ask Before Hiring A Home Stager

When you're in the market to sell your home in Calgary, depending on your property and it's state, one of the best services and decisions you can make is to hire a professional stager. Recent studies have indicated that some of the biggest factors to getting your home sold and upping its desirability fall heavily under two categories, how clean it is, and how well it's staged. Today we're going to deep dive into 12 questions that you need to ask any home staging company before you hire them! 

Public Service Announcement - Ask your local and favorite real estate team as well who they might recommend, a reputable real estate team will be able to quickly provide you with a list of home staging companies that can achieve the results you expect and…

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Real Estate Agents BIGGEST Fears

Realtors® Top 5 Biggest Fears 

It's superhero, alien, ghosts, and vampire season with Halloween just days away!! Everyone has fears and real estate agents are no exception, we've compiled a list of the top five biggest fears that real estate agents have! 

It wouldn't be a real estate partners blog without some sort of visual aid, we've put together a quick Halloween real estate agents biggest fears top 5 video. Make sure you keep reading below for a full explanation of what these top five biggest fears are, and why agents have them.

An empty open house!

Picture this, it's the second week of January, new year, new refreshed you, you're ready to take on the real estate world, and you book an open house, sure the sun basically sets at 5…

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Calgary Buyers Guide

Step 1: Get Pre-Approved For Your Mortgage 

Shopping without a pre-approval is guessing. You need to know your numbers before you start.

A pre-approval tells you what you can afford, helps you act quickly, and puts you in a stronger position—especially in competitive situations.

You have two options:

• Your bank: one set of products, limited flexibility
• Mortgage broker: access to multiple lenders, more options, often better terms

We typically recommend working with a mortgage broker. They compare rates across 20+ lenders, including major banks, and structure financing based on your situation.

They’ll review your credit, income, and the type of property you’re buying (home vs condo matters), then determine your max purchase…

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