Welcome to Airdrie Mortgages.
Our site can help with all your mortgage questions.
We Will Find the Right Mortgage for You
What's your mortgage need?
To pick the best mortgage, then, you’ll need to understand your options. Typically, a mortgage will consist of two parts: the principal sum (the amount borrowed) and interest (the cost of borrowing that money). In general, the best plan is to minimize the amount of interest you pay. However the decision on what mortgage to select has become more complicated over the last decade—interest rates have dropped to historical lows, and mortgage lenders have created and offered a variety of variations to the once-standard types of mortgages.
You want to get the most from your mortgage - now and in the years to come. As experienced mortgage professionals, we can do just that. From competitive rates to flexible options, we can find a mortgage that meets your unique needs, whether you're looking to buy your first or next home, invest in property, or if you have a large looming expense like tuition, a renovation project, or too much credit card debt. It's worth a call to schedule a free, no obligation review of your situation. Because the right mortgage can build your wealth and save you thousands of dollars!
Mortgage News
Information about the latest changes in the mortgage industry
August 2017 Newsletter: After the Rate Hike…What's Next?
September 13, 2017Your Home & Mortgage August 2017 After the rate hike…what’s next? On July 12th, for the first time in seven years, the Bank of Canada increased the overnight rate by .25%, withdrawing some of the stimulus that was needed after the oil price [...]
OTTAWA — The Bank of Canada has hiked its benchmark interest rate to 0.75% from 0.5%, its first increase in nearly seven years, amid expectations of stronger economic growth this year. Such a move is bound to increase the costs of mortgages, home equity lines of [...]
2012 Announcement on Measures to Support the Long-Term Stability of Canada's Housing Market
August 30, 2017Q. Why is the Government making these changes at this time? A. These measures will support the long-term stability of the Canadian housing and mortgage markets and promote savings through home ownership. They are intended to be timely, targeted and measured. The [...]
Current Prime 2.45 Term Posted Rates 6 Months 3.09 1 Year 3.14 2 Years 3.19 3 Years 3.49 4 Years 3.74 5 Years 4.59 7 Years 5.35 10 Years 5.60 5 Year Variable 1.70