Mortgages for Less

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Mortgages for Less

Alberta mortgage brokers since 2006. Purchase • refinance • renewal — independent advice and better rates than the big banks.

Book a free 20-min call 👇 mfl.tips/discovery-josh A full service mortgage brokerage in Alberta. Our intimate knowledge of both the Fort McMurray and Calgary markets will make sure you are well served.

11/05/2026

Edmonton's median home price in October: $423,000.

That's about 2% below last October, the biggest yearly drop since the spring of 2023.

So is it finally a buyer's market? For some homes, yes. Jay Lewis and Josh Tagg on the October numbers. Full episode on YouTube.

Are you waiting for prices to drop further, or buying now?

11/05/2026

Democrats took the House and the Senate last night. Here's what it means for your mortgage in Canada.

Tariffs on Canada stay for now. There's no two-thirds majority to override a veto.

Oil is still over $100, but well off last week's $118. Oil is what pushed the Bank of Canada to hike, so cheaper oil means less reason for the next one. Good news for variable.

U.S. yields slipped overnight. That's a small nudge lower for fixed rates, not a drop.

The bigger tests this week: Ottawa's budget on Thursday and the jobs numbers on Friday.

Fixed or variable for you right now?

11/04/2026

What happens at the Bank of Canada doesn’t stay at the Bank of Canada.

Every rate announcement ripples outward, through lender pricing, into variable-rate payments, fixed-rate offers, and eventually your monthly budget. Inflation, trade uncertainty, and the job market all play a part in where rates go next.

Whether rates move or hold, the right question is the same: is your mortgage still the right fit for your goals?

Our job is to turn big-picture headlines into practical next steps, so you can protect your cash flow and strengthen your long-term plan.

📲 Connect today to review your mortgage strategy in light of the latest Bank of Canada decision.

*Please be advised that while we specialize in mortgages, we are not certified financial planners. The (financial) tips we offer throughout the month of November are not intended to replace the guidance of a licensed financial planner or accountant. In fact, we strongly recommend the collaborative approach of assembling a team of professionals when it comes to your financial planning needs. Bringing together experts in various financial domains, such as licensed mortgage professionals (agents/brokers), financial planners, and accountants, ensures a holistic and well-informed financial strategy.

11/04/2026

Edmonton's median home price in October: $423,000. That's 1.9% below last year, the biggest yearly drop since spring 2023. 🏡 The market is still balanced at 4.0 months of inventory, but condos just tipped to buyers at 6.7 months, and semis are the only type selling more than last year. Jay Lewis and Josh Tagg go through the October numbers and what they mean if you're buying or selling this winter.

Are you buying or selling this winter?

11/03/2026

Josh and Tamar made purchasing my home a positive and easy experience.Tamar delivers truly first class customer service, and Josh knows exactly how to get it done!Will be working with these two on every new purchase in future.Thank you both!

11/02/2026

November is Financial Literacy Month in Canada, and this year’s national theme is all about one simple idea: talk money.

Follow along with us all month for practical tips on budgeting, saving, managing debt, and making confident decisions about your home and your finances.

The more you know, the better prepared you are for the unexpected, and the closer you get to the goals that matter most to you. 💬🏡

*Please be advised that while we specialize in mortgages, we are not certified financial planners. The (financial) tips we offer throughout the month of November are not intended to replace the guidance of a licensed financial planner or accountant. In fact, we strongly recommend the collaborative approach of assembling a team of professionals when it comes to your financial planning needs. Bringing together experts in various financial domains, such as licensed mortgage professionals (agents/brokers), financial planners, and accountants, ensures a holistic and well-informed financial strategy.

11/02/2026

Big week for mortgage rates.

Tuesday the U.S. votes. Thursday Ottawa tables its budget. And oil is sitting near US$118.

Where things stand:
• The Bank of Canada raised rates a quarter point last week. Prime is now 4.70%.
• August GDP was flat. Markets expect a hold on December 9 and a hike in January.
• Fixed rates follow bond markets, and bond markets are following oil.
• Best 5-year fixed is 4.64%. Variable is still close to a full point lower.

Buying or renewing in the next few months? A rate hold costs nothing and protects you if rates go up.

Book a quick call: https://mfl.tips/discovery-josh

11/01/2026

Inflation isn't crazy. Take out gas and it's right around 2%. So why did the Bank of Canada just raise rates?

It's about oil. Over $100 a barrel, and the Bank expects inflation near 3½% by Christmas. It hiked so expensive energy doesn't spread into everything else. The US, Europe, Japan and Australia had already moved. Canada was one of the last.

Did you see this hike coming?

10/31/2026

So I ran it. Five years on a $445,000 mortgage, the variable payment changing every time prime moves.

Capital Economics' path: variable saves about $10,000 in interest. Market pricing: about $5,800. Four more hikes: basically a tie. For fixed to win, the Bank has to hike five more times and leave it there. Even then you're behind about $3,300.

Scenarios, not forecasts. Want yours run both ways?

10/31/2026

A new 5-year fixed is about 4.64% today. Variable at prime minus 1% is 3.70%. Even after this morning's hike, that's almost a full point apart.

I ran five years of rate paths. For fixed to win, the Bank has to hike five more times after today and stay there for the whole term.

Which would you pick today?

Address

223 14th Street Nw
Downtown Calgary, AB
T2N1Z6

Website

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