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4 reasons to ditch your bank for a mortgage broker
When it’s time to buy a house, many homebuyers visit the institution where they do all their banking. Once they get their mortgage, any renewals or future mortgages often remain with that bank. The thing is that most people who do this do it out of convenience, not...
3 mortgage products that save you money
Are you thinking of buying a house? Would you like to save money when you do? Mortgage Design Group offers 3 mortgage products that are designed to save you money and get you into a home you love. 1. My First Mortgage With My First Mortgage, we make it easier...
10 ways to keep you and your home cool without air conditioning
Over the last week or so, temperatures across the country have been on the rise, with some places even reaching the mid-40s. One of the great modern inventions is the air conditioner: it’s the secret to why the Phoenix area has 4.5 million people living there....
Housing heats ups along with summer temperatures
Summer is typically a slow time for the Canadian housing market, but there are no signs of it slowing down this summer. The market’s strength keeps taking economists by surprise, fuelled by Canadians’ growing appetite for home ownership. Conditions are ripe in the...
Multi-family housing driving Lethbridge housing starts
CMHC released last week an update for housing starts in Alberta, and Lethbridge is ahead of where it was this time last year. At the end of June last year, Lethbridge saw 46 single family homes and 6 multi-family homes started. At the end of last month, those numbers...
Lethbridge’s pop. is up 3%, average person is 38 years old
Last week, the City of Lethbridge published the results of the 2014 municipal census, and our population is up by nearly 3%. Over the month of April, 175 census workers visited Lethbridge homes to conduct the resident count, which came to 93,004. Nearly 40% of...
June real estate market report for Lethbridge
Earlier this week, Lethbridge and District Association of REALTORS issued their MLS Statistic Report for June. Here are some highlights from that report. June 2014 Sector Listings Sales S/L Ratio Avg. sale price Northside 62 33 53% $203,198 Southside 67 56 83%...
Lethbridge residential construction is worth $350 million
Economic research firm, Will Dunning Inc, recently completed and published a report studying the direct economic impact residential construction has on the construction industry, as well as the indirect impact it has on supportive industries. Will Dunning conducted...
Watch out for falling interest rates
It’s that time of the year again when all the buzz in the media is about falling interest rates and special limited time offers. The real and more lasting benefit a mortgage broker provides is educating you how to use that lower rate to create substantially more value...
May real estate market report for Lethbridge
Last week, Lethbridge and District Association of REALTORS issued their MLS Statistic Report for last month. Here are some highlights from that report. May 2014 Sector Listings Sales S/L Ratio Avg. sale price Northside 59 56 94% $224,472 Southside 87 54 62% $287,588...
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