Whether you are looking for the latest Bank of Canada rate announcement, up-to-date information on the mortgage industry or fun tips on how to add curb appeal to your home, our blog is the place for you. Be sure to check back weekly for the latest industry updates and most popular mortgage topics affecting Canadian home owners!

OSFI
Innovative Mortgage Solutions

New Stress Test for Uninsured Mortgages

October 18, 2017

Yesterday, the Office of the Superintendent of Financial Institutions (OSFI) announced new guidelines for residential mortgages that are set to come into effect as of January 1, 2018

Bank of Canada Announcement
Innovative Mortgage Solutions

Bank of Canada Announcement - September 6, 2017

September 6, 2017

The Bank of Canada increased their overnight lending rate for the second time in 2017 today. See what this means for your mortgage.

Client story
Innovative Mortgage Solutions

Client Story Thursday

August 24, 2017

See how our team was able to step up when a new client was at risk of losing his home.

Interest Rates
Innovative Mortgage Solutions

Why We Don’t Advertise the Lowest Interest Rates

July 31, 2017

If you search online to compare our rates to others, why will you find lower rates at other companies?

Client Story
Innovative Mortgage Solutions

Client Story Thursday

July 27, 2017

See how we were able to get a client approved in a 24 hour time-frame when they were declined by their own bank.

Bank of Canada Announcement
Innovative Mortgage Solutions

Bank of Canada Announcement - July 12, 2017

July 12, 2017

The Bank of Canada increased their overnight lending rate for the first time in nearly 7 years today.

Bank of Canada
Innovative Mortgage Solutions

Bank of Canada Announcement - May 24, 2017

May 25, 2017

Eight times per year, the Bank of Canada meets to determine what the base lending rate should be. Any change to this industry benchmark indicates a possible change to corresponding rates, such as interest rates for mortgages and additional types of consumer loans.

Bank of Canada
Innovative Mortgage Solutions

Bank of Canada Announcement - April 12, 2017

April 12, 2017

Eight times per year, the Bank of Canada meets to determine what the base lending rate should be. Any change to this industry benchmark indicates a possible change to corresponding rates, such as interest rates for mortgages and additional types of consumer loans.

Bank of Canada Announcement
Innovative Mortgage Solutions

Bank of Canada Announcement - March 1, 2017

March 1, 2017

Eight times per year, the Bank of Canada meets to determine what the base lending rate should be. Any change to this industry benchmark indicates a possible change to corresponding rates, such as interest rates for mortgages and additional types of consumer loans.

Client Story Thursday
Innovative Mortgage Solutions

Client Story Thursday

February 9, 2017

A lender was unwilling to budge for our client during extenuating circumstances, but we were able to get the deal done within an extremely tight time-frame.

Bank of Canada
Innovative Mortgage Solutions

Bank of Canada Announcement - January 18, 2017

January 18, 2017

Eight times per year, the Bank of Canada meets to determine what the base lending rate should be. Any change to this industry benchmark indicates a possible change to corresponding rates, such as interest rates for mortgages and additional types of consumer loans.

CMHC premiums
Innovative Mortgage Solutions

CMHC Premiums to Increase Effective March 2017

January 17, 2017

The Canada Mortgage and Housing Corporation (CMHC) announced an increase to their mortgage premiums this morning, set to take effect on March 17, 2017.

Interest Rate
Innovative Mortgage Solutions

Bank of Canada Announcement

December 7, 2016

The Bank of Canada made its final interest rate announcement of 2016 this morning, opting to maintain the benchmark interest rate at 0.5 percent. The corresponding prime rate at most major Canadian lending institutions remains at 2.70 percent.

client story thursday
Innovative Mortgage Solutions

Client Story Thursday

November 24, 2016

Self-employed clients who write off income to save on personal taxes may run into trouble when applying for a mortgage. We were able to help.

Bank of Canada Announcement
Innovative Mortgage Solutions

Bank of Canada Announcement - October 19, 2016

October 20, 2016

Eight times a year, the Bank of Canada meets to determine what the base lending rate should be. Any change to this industry benchmark indicates a possible change to corresponding rates, such as interest rates for mortgages and additional types of consumer loans. This information is also a good indicator of the current status of the Canadian economy.

Mortgage Rules
Innovative Mortgage Solutions

Changes to Canada’s Mortgage Rules - How will you be Affected?

October 5, 2016

Canadian Finance Minister Bill Morneau recently announced four major changes to mortgage qualifying standards, set to start taking effect in just two short weeks on October 17, 2016.

Bank of Canada
Innovative Mortgage Solutions

Bank of Canada Announcement - September 2016

September 7, 2016

Today, the Bank of Canada made an announcement regarding their benchmark interest rate.

Client
Innovative Mortgage Solutions

Client Story Thursday

August 11, 2016

Weekly client stories as told by our Brokers. See how we were able to help our client purchase a new home after he lost the first two through natural disasters beyond his control.

Clients
Innovative Mortgage Solutions

Client Story Thursday

August 4, 2016

Weekly client stories as told by our Brokers. See how we were able to help our clients meet their appraisal requirements after being rejected three times from three different lending institutions.

Clients
Innovative Mortgage Solutions

Client Story Thursday

July 28, 2016

Weekly client stories as told by our Brokers. See how we were able to help our clients avoid having to walk away from their dream home and lose their $25,000 deposit.

BBQ
Innovative Mortgage Solutions

Community BBQ in the Park - Hosted by Innovative Mortgage Solutions

July 20, 2016

You are invited to Innovative Mortgage Solutions Community BBQ in the Park, located at Centennial Park on August 20, 2016.

New house
Innovative Mortgage Solutions

Client Story Thursday

July 14, 2016

Weekly client stories as told by our Brokers. See how we got one woman into her home when her mortgage documents were still not ready the day before her closing date.

Bank of Canada Governor Stephen Poloz
Innovative Mortgage Solutions

Bank of Canada Announcement - July 2016

July 13, 2016

See the impact of the Alberta wildfires on Canadian GDP and predictions for the remainder of 2016.

First time home buyers
Innovative Mortgage Solutions

Top 5 Tips for Buying your First Home

June 6, 2016

Tips for first time home buyers

Bank of Canada Flags
Innovative Mortgage Solutions

Bank of Canada Announcement - May 2016

May 25, 2016

Today, the Bank of Canada announced that they are holding their key interest rate steady at 0.5 percent, citing that the Fort McMurray wildfires will have a negative impact on GDP in the second quarter. The corresponding prime rate also remains unchanged at 2.70 percent.

Innovative Mortgage Solutions

Bank of Canada Announcement - April 2016

April 13, 2016

Today, the Bank of Canada announced that it will maintain its overnight lending rate at 0.5 percent.

Innovative Mortgage Solutions

Bank of Canada Announcement - March 2016

March 10, 2016

Yesterday, the Bank of Canada announced that they are maintaining their benchmark overnight lending rate at 0.5 percent, with a corresponding prime bank rate of 2.70 percent.

Innovative Mortgage Solutions

Factors to Consider When Choosing a Mortgage Broker

February 16, 2016

Whether you are shopping for your first mortgage or purchasing a rental property, it may be tempting to choose the Mortgage Broker that advertises the lowest interest rate.

Innovative Mortgage Solutions

Bank of Canada Announcement - January 2016

January 21, 2016

Yesterday, the Bank of Canada announced that they would be keeping its benchmark overnight lending rate at 0.5 per cent.

Innovative Mortgage Solutions

Bank of Canada Announcement - December 2015

December 2, 2015

Today, the Bank of Canada has chosen to hold their key interest rate at 0.5 per cent for the third time in a row after dropping the rate twice in early 2015.

Innovative Mortgage Solutions

Get to Know Us Series - Mike

November 9, 2015

Because every client comes in with their own history and financial situation, the experience is a little bit different every time and I love figuring out ways to overcome any unique challenges that stem from this.

Innovative Mortgage Solutions

Get to Know Us Series - DeeDee

October 26, 2015

I love that being a mortgage broker allows me to continue to use those skills to educate clients on the best mortgage products for their unique needs. I also work with a great team who make going to work easy.

Innovative Mortgage Solutions

Bank of Canada Announcement

October 21, 2015

Today, the Bank of Canada announced that it will be keeping its overnight lending rate at 0.5%, despite the impact of low oil prices on the Canadian economy.

Innovative Mortgage Solutions

Get to Know Us Series - Kris

October 5, 2015

Connecting with people is my favourite part of the job. I’m social by nature, so interacting with a variety of people keeps me motivated and engaged in their files.

Innovative Mortgage Solutions

Get to Know Us Series - Brieanne

September 30, 2015

Being able to help all my friends and family and clients with purchasing a new home. I also really enjoy meeting new referral partners and networking with business minded people. No better feeling then receiving a referral from a friend, family or referral partner, it is a great compliment.

Innovative Mortgage Solutions

Get to Know Us Series - Paulette

September 21, 2015

Introducing Paulette Vroman, Innovative’s Mortgage Brokerage Assistant and administrative extraordinaire!

Innovative Mortgage Solutions

Get to Know Us Series - Krystle

September 14, 2015

Starting in early May of 2015, Krystle has taken on the dual role of Office Manager and Marketing Coordinator at our Main Office in Sherwood Park.

Innovative Mortgage Solutions

Bank of Canada Announcement

September 9, 2015

According to the Bank of Canada Governor Stephen Poloz, “economic activity continues to be underpinned by solid household spending and a firm recovery in the United States, with particular strength in the sectors of the U.S. economy that are important for Canadian exports.”

Innovative Mortgage Solutions

Announcing the IMS Get to Know us Series

August 31, 2015

In keeping with the personal touch we strive to deliver throughout the mortgage process, Innovative Mortgage Solutions is excited to announce an upcoming blog series that will feature one member of the IMS team every week.

Innovative Mortgage Solutions

Refinancing - How it Could Save You Thousands in The Long Run

August 24, 2015

Refinancing your mortgage can be a great way to save yourself money in the long run. So, what is refinancing, exactly?

Innovative Mortgage Solutions

Closing Costs - What to Expect

August 15, 2015

One of the most overlooked aspects when budgeting for a mortgage is the cost it takes to close the purchase, in other words the fees that are incurred when the title to the property is transferred to you. Closing costs are estimated to be between 1.5% to 3% of your total mortgage.

Innovative Mortgage Solutions

FAQ: What are the Advantages of Using a Mortgage Broker?

August 10, 2015

If you are new to the home buying process, you may be wondering: What is a Mortgage Broker and why would I use one instead of simply going through my bank?

Innovative Mortgage Solutions

Fixed vs. Variable Interest Rates

August 3, 2015

When it comes to shopping for a mortgage, it is a good idea to understand the difference between a fixed interest rate and a variable interest rate.

Innovative Mortgage Solutions

Finalizing Your Mortgage

July 27, 2015

When you apply for a mortgage, there are usually several conditions that must be met in order to obtain your financing. This is one of the many reasons using a mortgage broker is a good idea – they act as a liaison between you and the lender, and are able to use their expertise to facilitate your home buyi

Innovative Mortgage Solutions

Applying for a Mortgage

July 25, 2015

In the case that you are putting down less than 20% for your down payment, you will require something called ‘mortgage default insurance.’ In Canada, the primary insurance providers are CMHC, Genworth, and Canada Guaranty.

Innovative Mortgage Solutions

Bank of Canada Annoucement

July 15, 2015

Today, the Bank of Canada announced that they’ve lowered their key interest rate for the second time in 2015 – dropping from 0.75 percent to 0.5 percent. According to the BoC, “additional monetary stimulus is required at this time to help return the economy to full capacity and inflation sustainably to target.”

Innovative Mortgage Solutions

Pre-Approvals and Pre-Qualifications – Are They the Same?

July 13, 2015

A wise first step in the home buying process is to obtain a mortgage preapproval, but many home buyers don’t know exactly what that entails or how a preapproval differs from a prequalification.

Innovative Mortgage Solutions

Price Ranges for Canadian Homes

July 7, 2015

According to a June 2015 report by the Canadian Association of Accredited Mortgage Professionals, Canada’s average price for a home is $347,361. Ontario, B.C and Alberta are the three most expensive provinces to buy in, while the Atlantic Provinces, Quebec and Manitoba are the least.

Innovative Mortgage Solutions

FAQ: How to Obtain a Lower Mortgage Rate

June 24, 2015

Many of our clients have recently asked if it is beneficial to break their current mortgage in order to rework the arrangements, potentially achieving a lower interest rate.
Consider the results of a recent review completed for one of our clients.

Innovative Mortgage Solutions

Mortgage Math: Downpayment Options

June 15, 2015

The amount you put down on the initial purchase of your home can affect both your immediate and long-term budgeting. Planning ahead and deciding which down payment option works best for your financial situation is a key factor to a successful mortgage plan.

Innovative Mortgage Solutions

Interest Rates – How Does Lower Interest Affect Affordability?

June 10, 2015

It’s no secret that lower interest rates translate to savings for you, the buyer.

Innovative Mortgage Solutions

Average Home Prices in Canada

May 29, 2015

The average home price in Canada has increased 3.1% between 2014 and 2015, according to the Canada Real Estate Association. Here are the current average costs for a single family home in each province:

Innovative Mortgage Solutions

Bank of Canada Announcment

May 27, 2015

Today, the BoC announced that the benchmark rate on overnight loans will remain at 0.75% – unchanged for the third time since a reduction in January of 2015. This translates to a rate of 2.85% at your local bank.

Innovative Mortgage Solutions

Spring has Sprung - Mortgage Forecast

May 8, 2015

In January 2015, the Bank of Canada announced a surprising update that overnight lending rates would drop to 0.75%. In March they decided to maintain that rate. What does this mean for you and the Canadian Economy?

Innovative Mortgage Solutions

Celebrating Our Earth Long After Earth Day

April 28, 2015

April 22 is recognized nationally as earth day. A day to teach, learn and recognize the importance of respecting and taking care of our earth. Here are facts and strategies you can utilize to help make a difference!

Innovative Mortgage Solutions

Bank of Canada Recent Announcement

April 28, 2015

Today the Bank of Canada announced that they will keep the overnight lending interest rate at 0.75%; which will translate to 2.85% at your local bank.

Innovative Mortgage Solutions

Is a Mortgage Review in Order?

March 2, 2015

Ask yourself, could you be paying less interest, have there been any changes in your life, are you looking at paying off your mortgage sooner, or do you need to access equity from your home?

Innovative Mortgage Solutions

Savings for Homeowners

February 16, 2015

Last April we received a referral from an accountant. They had just finished preparing taxes for a self-employed couple that were enjoying a banner year for their business. However they found out that their clients would have a fairly large tax amount owing once they filed their taxes.

Innovative Mortgage Solutions

Fight the Winter Blues with These Activites

January 29, 2015

Here are some great ways and activities to beat the winter blues and keep you and your family active and enjoying the Winter season!

Innovative Mortgage Solutions

Bank of Canada Lowers Overnight Lending Rate

January 21, 2015

Eight times a year the Bank of Canada (BoC) meets to determine what the base lending interest rate should be. Any change to this rate influences rates such as Mortgages and other customer loans. It also is a good indicator for the current Canadian economy.

Innovative Mortgage Solutions

New Year Forcast - 2015

January 6, 2015

With the New Year approaching, homeowners and home buyers are wondering what to expect from the economy.

Innovative Mortgage Solutions

Bank of Canada Rate Announcement

December 3, 2014

Eight times a year the Bank of Canada (BoC) meets to determine what the base lending interest rate should be. Any change to this rate influences rates such as Mortgages and other customer loans. It also is a good indicator for the current Canadian economy.

Innovative Mortgage Solutions

The Do’s and Don’ts During the Mortgage Process

November 20, 2014

While securing a loan can seem overwhelming, there are a few things you can do (and a few things you should avoid) to ensure an easy mortgage process.

Innovative Mortgage Solutions

The Art of Mortgages: How Amortization Period on a Mortgage can Paint a Different Picture!

November 6, 2014

The amortization period on a mortgage is the total length of time it will take you to pay off your mortgage. A fairly typical amortization period is 25 years, but it certainly can be shorter. In comparison, the term of a mortgage (which ranges from 6 months to 10 years) represents the length of time for which your mortgage agreement with a lender is valid.

Innovative Mortgage Solutions

House Market Update

November 6, 2014

Canada’s housing market has seen a continual growth since 2012. But is this expected to change and is the housing market going to plummet or soar?

Innovative Mortgage Solutions

House Market Update

November 6, 2014

Canada’s housing market has seen a continual growth since 2012. But is this expected to change and is the housing market going to plummet or soar?

Innovative Mortgage Solutions

Bug-Off

August 15, 2014

Small but problematic ants have taken over homeowners lawns and patios.

Innovative Mortgage Solutions

In The Community - Habitat for Humanity

August 13, 2014

This year the Innovative Mortgage Solutions team decided to volunteer our time to help build homes for family in the Edmonton area that need a safe and affordable place to live. This years build will house 64 families and over 103 children.

Innovative Mortgage Solutions

Market Update: CMHC Changes

May 1, 2014

Starting May 1st CMHC will be implementing higher Mortgage Insurance premiums for homebuyers who make a down payment of less than 20 percent.

Innovative Mortgage Solutions

The Art of Mortgages

May 1, 2014

Home financing is not always going to be a black and white picture. Sometimes it takes colouring outside the lines to make it work.

Innovative Mortgage Solutions

Making a Difference with Interest Rates

March 4, 2014

Many of our clients often wonder if it is beneficial to break their current mortgage in order to rework the arrangements, potentially achieving a lower interest rate.

Innovative Mortgage Solutions

How CASL Will Affect our Business

March 3, 2014

The new Canada Anti-Spam Legislation (CASL), in effect July 1st, will drastically change the way we communicate with you, our client.

Innovative Mortgage Solutions

Become Mortgage Free Faster

January 9, 2014

Home finance is not a simple "one size fits all" solution. Changing some key variables in your financing can make a difference.When it comes to saving on your mortgage, there are some strategies to help out.

Innovative Mortgage Solutions

Home Heating Efficiencies

December 19, 2013

The days are getting shorter and cooler. It’s habit by now to bring our cars in for a winter tune up as the weather turns, but it can be easy to forget that the heating systems in our homes could use a check up as well. It’s important to ensure our families stay warm this winter, and a few quick checks can ensure that our heating systems are running at top efficiency as well.

Innovative Mortgage Solutions

When Brokers Intervene – Client Success Story

September 26, 2013

There is a common misconception among Canadians that large Banks always have their best interest in mind. The unfortunate reality is that banking products are not designed to suit each individual’s personal circumstances and this was reflected when we met Mr. Daniels.

Innovative Mortgage Solutions

Clean Up Your Mess – Insurance Housekeeping

September 12, 2013

The expression "clean up when your done", spoken in homes around the world, is a powerful phrase that can aptly describe what the right Insurance can do for your household.

Innovative Mortgage Solutions

Our Newest Member

September 10, 2013

Paulette has a proven record of care and diligence in customer service. She is focused on ensuring every client has been transitioned effectively through their Mortgage financing process and does so with an outgoing personality and professional demeanor.

Innovative Mortgage Solutions

Make Summer Reno’s Pay Off

August 21, 2013

As we head into the long days of summer, interest in improving our outdoor space increases. Natural element trends such as stone fireplaces, botanical gardens and ponds are some of the most popular current landscaping designs.

Innovative Mortgage Solutions

Great Yard, Awful Kitchen! Make the Most of Your Down Payment

July 4, 2013

Often we are approached by buyers who are looking to acquire property but can’t commit to a home if there are aesthetic concerns with out-of-date rooms. The underlying concern is that renovations and improvements will have to be paid for out of pocket or on credit afterwards – quite a daunting problem.

Innovative Mortgage Solutions

The Innovative Experience Success Story

June 13, 2013

One of the most rewarding aspects of our business is the individual opportunities to impact someone’s lifestyle simply by implementing thoughtful strategies to their Mortgage finances. One of our clients approached us with hopes of finding a solution.

Innovative Mortgage Solutions

Making a Lasting Impression with Curb Appeal

May 2, 2013

When it comes to buying a home, first impressions are lasting impressions. From the minute a prospective buyer sees the exterior of a home; they have already subconsciously formed an opinion which can affect their outlook through the rest of the viewing.

Innovative Mortgage Solutions

Spring Cleaning Tips

April 11, 2013

Spring is around the corner and with spring comes the daunting task of spring cleaning. Although this may be a dreaded aspect of spring’s arrival, the pleasure results after the work is done. Not sure where to begin? Here is a checklist to zip through the process and arrive at the happy ending

Innovative Mortgage Solutions

Home Energy Alternatives

March 21, 2013

In light of rising energy costs and growing environmental concerns about the standard types of utilities we employ, many homeowners are choosing alternative energy sources to power their homes.

Innovative Mortgage Solutions

Why Choose Innovative Mortgage Solutions

February 28, 2013

With a myriad of mortgage options at your fingertips these days, choosing the most appropriate and best fitting mortgage can sometimes be challenging. To make the best decisions tailored to your specific situation, consider using a Licensed Mortgage Broker.

Innovative Mortgage Solutions

Home Warranty Smarts

February 7, 2013

One of the most expensive purchases a person will make in their lifetime is the acquisition of a new home. In reality, how many Canadians truly understand or are prepared to deal with all aspects of buying a home?

Innovative Mortgage Solutions

Alberta’s New Home Warranty Program

January 31, 2013

On February 2nd Alberta’s mandatory new home warranty program will come into affect!

Innovative Mortgage Solutions

Conquering Your Debts with Refinancing

January 12, 2013

Taking charge and conquering debts doesn’t have to be difficult. If you are carrying a burden of significant debt and you own a home, talk to our mortgage associates who will analyze your situation and further discuss your financial options.

Innovative Mortgage Solutions

How to Qualify for a Mortgage

December 28, 2012

If buying a home is in your future plans, it may be the right time to begin planning. However, a common question is; how do I qualify for a Mortgage? Ultimately, the Mortgage qualification process is not equal in every case and many factors will impact an application.

Innovative Mortgage Solutions

What does CMHC do?

December 16, 2012

CMHC plays an important role in the home buying process for many Canadians. A Crown Corporation originally established in 1945, CMHC provides Mortgage Loan Insurance that enables homebuyers to purchase property with as little as 5% down payment.

Innovative Mortgage Solutions

APPS FOR YOUR HOME

December 12, 2012

Life can get hectic, and overwhelming; luckily there’s an app for that. Here are just a few apps that can help you with those small daunting tasks and help keep you organized!

Innovative Mortgage Solutions

Renovate or Relocate?

December 1, 2012

As your life changes and your family grows, your home may no longer fit your lifestyle. Should you renovate or relocate? When faced with the decision to move up the property ladder or pursue your dream home there are pro’s and con’s.

Innovative Mortgage Solutions

Why Mortgage Loan Insurance is Beneficial

November 16, 2012

Many Canadians feel that Mortgage Loan Insurance, offers more value to lenders than it does the individuals actually purchasing it.

Innovative Mortgage Solutions

Appraisal vs. Home Insepction

October 26, 2012

A common question is if both a home inspection and appraisal are required when purchasing a home? Although these are both important steps and can uncover details about a home’s condition and value, it is good to distinguish the difference between the two before that stage of the home buying process.

Innovative Mortgage Solutions

Winterize Your Home

October 10, 2012

This time of year can be very hectic and busy. Back to school, back to work, back to routines, and with all the festive holidays, taking the time to plan ahead for those cold winter months is sometimes hard to do. Winter is inevitable and coming fast, so here are some quick and easy things to do to ensure your home and family are ready for winter.

Innovative Mortgage Solutions

Fall Financials

October 3, 2012

Love it or hate it, fall represents a return to reality- back to school, back to busy days at work and back to a hectic schedule. Fall is also a great season to take some time to re-evaluate financials.

Innovative Mortgage Solutions

The Innovative Experience

September 20, 2012

When I started in this industry, I would often find myself having conversations with lenders about the all-in-one mortgage and bank account product.

Innovative Mortgage Solutions

What is a Pre-Approval?

August 31, 2012

It is widely agreed that a wise first step in the home buying process is to get a mortgage pre approval. This simple step enables you to approach the home buying process with confidence.

Innovative Mortgage Solutions

Travelling Tips to Help You Save

August 20, 2012

The tourism industry is driven by its time sensitive offers. Book quick deals can be misleading and majority of the times are false. It’s a marketing ploy to create urgency to get customers to pounce on the deals, so they can sell out quicker. So when you are planning your summer getaway, consider using the following tips to save.

Innovative Mortgage Solutions

New Mortgage Rules Effective July 9/12

June 26, 2012

To avert a major economic shock or recession, the government has announced changes to the mortgage lending industry effective July 9, 2012. This major change outlines a return to the prior maximum amortization rule of 25 years for all government insured mortgages.

Innovative Mortgage Solutions

Scoring Points

June 25, 2012

Several factors come into play when applying for a Mortgage, one item being Credit Score. An individual’s credit score is an essential part of the decline or approval decision; yet the fact remains that many Canadians know very little about their Credit Bureau Report or Score.

Innovative Mortgage Solutions

Need a Mortgage Check-up?

June 13, 2012

Ask yourself, could you be paying less interest, have there been any changes in your life, are you looking at paying off your mortgage sooner, or do you need to access equity from your home?

Innovative Mortgage Solutions

Edmonton Hit’s the Spotlight

June 10, 2012

Edmonton Highland’s neighbourhood hit the media spotlight! It was listed as one of the best old house neighbourhoods in Canada in an issue of Old House magazine.

Innovative Mortgage Solutions

Why use a Mortgage Broker?

May 12, 2012

Mortgage Brokers are accredited licensed professionals who specialize in mortgage financing.

Innovative Mortgage Solutions

The Fine Print on Bank of Montreal’s Low Mortgage Rate

March 12, 2012

Bank of Montreal cranks up the heat by bringing back their 5year 2.99% mortgage rate, making home owners anxious to take advantage of the low interest rate. However as tempting as these rates may be make sure to read the fine print, because it could cost you more than you think.

Innovative Mortgage Solutions

Key TO a Successful Refinance

November 30, -0001

With Fixed Rates transgressing record territory, many existing Mortgage holders are wondering if they can benefit from the current low interest environment.

Innovative Mortgage
Oct 17New mortgage rules to require stress test even with large down payment. Read more: https://t.co/CkGIjV43AIFollow Innovative Mortgage