How using a mortgage broker can save you time and money

How using a mortgage broker can save you time and money

As mortgage brokers, we focus on finding you the best deal, not on keeping you with the same bank. We work for you, not the banks. Sure it takes a bit more time to meet with us than it does to sign and mail a renewal letter, but the meeting is free and we do all the...
We’re moving!

We’re moving!

Starting 1 August 2017, our Lethbridge office will be located at 2-3010 32 Street South. Our phone number will remain 403.942.4099, our fax number will stay at 877.366.3487, and you can still email us at mortgagedesigngroup@mortgagealliance.com. If you need a new...
Bank of Canada finally raises interest rate

Bank of Canada finally raises interest rate

For the first time in 7 years, the Bank of Canada didn’t announce that they were keeping their overnight rater at 0.5%. Instead, they announced this week a rate increase: to 0.75%. The bank cited economic growth—both domestic and international—for their position...
Considering a reverse mortgage? 3 risks you should know first

Considering a reverse mortgage? 3 risks you should know first

If you’re a homeowner over the age of 55, you may have heard of reverse mortgages. Basically, a reverse mortgage allows you to access a portion of your home’s value to use as cash flow. One of the benefits is that you don’t have to pay any interest of principal back...