Sarah McEwan - Mortgage Broker

Sarah McEwan - Mortgage Broker Part of the Advantage Mortgage Team at Legacy Mortgage Group

Serving the Greater Edmonton area.

How much house can you really afford? 🏡I sat down with the The Spring Team YEG - Grassroots Realty Group to answer some ...
09/03/2026

How much house can you really afford? 🏡

I sat down with the The Spring Team YEG - Grassroots Realty Group to answer some common mortgage related questions that come up with their clients.

One of the biggest questions they get asked is how much house can I really afford? The answer is more complex than just looking at how much income someone has and what someone qualifies for isn’t always how much they should spend.

If you want to know more about how lenders determine the person‘s affordability and why a pre-approval is your best move when starting the homebuying process go to their website to read the full article! 📲

https://www.alannadawleyrealtor.ca/tips-and-info/your-mortgage-questions-answered

🏦 Bank of Canada update: Lending rate is HOLDING at 2.25%The Bank of Canada held its overnight rate at 2.25% today, sayi...
09/02/2026

🏦 Bank of Canada update: Lending rate is HOLDING at 2.25%

The Bank of Canada held its overnight rate at 2.25% today, saying the Canadian economy has shown resilience, but there’s still a lot of uncertainty ahead, particularly around tariffs, trade and inflation.

So what does that mean for you?

🏠 Buying a home?

A rate hold doesn’t mean mortgage rates are standing still. Variable rates are more directly tied to the Bank of Canada’s overnight rate, while fixed mortgage rates are influenced by the bond market which adjusts daily.

📉 And fixed rates have been moving up and down all year. Canadian bond yields have been pushed around by economic data and global market conditions including stronger than expected Canadian GDP, employment/inflation data, U.S. economic news, trade uncertainty and rising global bond yields. (Reuters)

🏡 Already a homeowner?

If your mortgage is coming up for renewal, don’t assume today’s rate announcement tells you what your renewal rate will be. There are several moving pieces — and timing, lender options and your mortgage structure can make a BIG difference. Get help early.

Bottom line: The Bank of Canada may be holding, but mortgage rates are still moving.

If you’re buying, renewing or just wondering what today’s announcement means for your mortgage, send me a message. I’ll break it down for you. 💬

I could go on and on with this trend but ultimately I’d say it’s kinda chic to have a mortgage broker who sees you and a...
08/18/2026

I could go on and on with this trend but ultimately I’d say it’s kinda chic to have a mortgage broker who sees you and all the possibilities, not just the numbers. ✨

From buying your dream home, saving money, building wealth, navigating difficult situations, or creating more room to actually enjoy your life… your mortgage can be so much more than a monthly payment.

I’m here to help you make the numbers work for the life you want. 🖤

Message me if you want to see what’s possible for you and your family.

Alberta Mortgage Broker

Edmonton vs. Calgary: What’s happening in the market? 👀The two biggest markets in Alberta are telling very different sto...
07/23/2026

Edmonton vs. Calgary: What’s happening in the market? 👀

The two biggest markets in Alberta are telling very different stories right now.

🏡 Calgary: More inventory—especially condos and apartments—is giving buyers more negotiating power and creating opportunities to find great value.

🏡 Edmonton: The market is still moving quickly, but inventory is finally catching up. Even with more homes available, prices remain higher than they were this time last year.

✨ What does this mean for you? Whether you’re buying your first home, moving up, or investing, there are opportunities in both markets; you just need the right strategy.

Thinking about buying? Let’s chat about what you can qualify for, your monthly payments, and the best financing options available so you’re ready when the right home comes along.

📩 Send me a DM to get started!

View this listing with V Real Estate Team | Leduc & YEG Realtors
Listing

Alberta Real Estate Mortgage Broker Home Buying Tips First Time Home Buyer Edmonton Homes Calgary Homes Alberta Mortgage Mortgage Advice Yeg Yyc Edmonton Calgary

🇨🇦Bank of Canada Update: Reading Between the Lines 🇨🇦The Bank of Canada held its overnight rate at 2.25% today. While th...
07/15/2026

🇨🇦Bank of Canada Update: Reading Between the Lines 🇨🇦

The Bank of Canada held its overnight rate at 2.25% today. While the decision wasn’t a surprise, the reasoning behind it is what matters.

📈 The economy is improving.
The Bank noted stronger-than-expected economic growth, resilient consumer spending, and a labour market that continues to hold up.

🔥 Inflation is still the focus.
While inflation has moved closer to the Bank’s 2% target, policymakers remain cautious. They want more evidence that inflation will stay under control before considering rate cuts.

👀 What does the language suggest?
Today’s statement sounded more optimistic about the economy but remained cautious on inflation. The overall message? The Bank appears comfortable keeping rates where they are for now, with no strong signal that cuts are coming in the near term.

🏡 What does this mean for mortgage rates?

✅ Variable rates: No change today.

📉 Fixed rates: These are driven by the bond market—not the Bank of Canada’s overnight rate. If inflation remains sticky or economic data stays strong, fixed rates could still move higher even if the Bank doesn’t change its policy rate.

💡 Why this matters

If you’re renewing your mortgage in the next 6–12 months or planning to buy a home, don’t focus only on Bank of Canada announcements. Bond markets often move well before the Bank does, making it important to have a strategy instead of trying to time the market.

Have questions about how today’s announcement could impact your mortgage? Message me, I’m happy to help.

✨⭐️A Golden Opportunity for First-Time Home Buyers 🏡: This is the kind of property that can completely change your finan...
06/12/2026

✨⭐️A Golden Opportunity for First-Time Home Buyers 🏡:

This is the kind of property that can completely change your financial future.

Most buyers focus on finding a home. Smart buyers look for a home that helps pay for itself.

✨ Why a rental suite is a game changer:

✔️ Rental income can increase your purchasing power from approximately $470,000 to $525,000.
✔️ The suite helps offset your monthly housing costs, freeing up cash flow and making homeownership more affordable.
✔️ You may be able to purchase the property with as little as 5% down payment while gaining an income-producing asset.
✔️ When you outgrow the home, you have options: sell it, move up to a larger property, or keep it as a cash-flowing investment with two income streams.

For many first-time buyers, a property with a legal suite isn’t just a home purchase—it’s a wealth-building strategy.

📩 If you want to get pre-approved for this house or one like it, send me a message and let’s see what your options look like!

House MLS

🚨 BANK OF CANADA RATE UPDATE 🚨The Bank of Canada has once again held its overnight lending rate at 2.25%, keeping intere...
06/10/2026

🚨 BANK OF CANADA RATE UPDATE 🚨

The Bank of Canada has once again held its overnight lending rate at 2.25%, keeping interest rates unchanged for a fifth consecutive announcement. 📊

So why the hold?

The Bank is currently balancing two competing concerns:

📈 Inflation remains elevated, sitting around 2.8% and expected to hover near 3% in the short term, largely due to higher energy prices.

📉 Economic growth is weak, with Canada experiencing very modest economic contraction and growing concerns around global trade uncertainty.

In simple terms: raising rates could help fight inflation but could further slow the economy. Cutting rates could stimulate growth but risk pushing inflation higher. For now, the Bank has chosen to wait and gather more data.

🏡 What this means for mortgage holders:

✅ Variable-rate mortgage holders will see no change to their payments (unless they have an adjustable-rate product tied directly to prime).

✅ Homeowners approaching renewal can continue planning with relatively stable rate expectations.

⚠️ However, remember that fixed mortgage rates are driven by bond yields—not directly by Bank of Canada decisions. Fixed rates can still move independently.

🔑 What this means for buyers:

• Affordability remains relatively stable
• Qualification amounts remain similar
• Buyers can make decisions with more confidence knowing borrowing costs aren’t changing today
• Current market conditions continue to offer opportunities in many areas

👀 Looking ahead

The Bank’s messaging suggests they’re in “wait-and-see” mode. Future decisions will depend heavily on:

✔️ Inflation trends
✔️ Employment data
✔️ Economic growth
✔️ Global trade developments

While many economists expect rates to remain stable through the rest of 2026, the Bank made it clear they are prepared to act if inflation pressures become more persistent.

💬 Thinking about buying, renewing, refinancing, or wondering how today’s announcement impacts your plans? Send me a message and let’s build a strategy based on your goals—not the headlines.

yeg yyc

STRATEGIC MORTGAGE PLANING 📣💡I was recently able to help a client save over $41,000 and interest and shave 5 1/2 years o...
05/13/2026

STRATEGIC MORTGAGE PLANING 📣

💡I was recently able to help a client save over $41,000 and interest and shave 5 1/2 years off of their mortgage.

➡️ We did this by using their down payment funds strategically. My clients sold their previous home and received $200,000 from the equity in that home.

They originally wanted to put the full amount down on their new property. I worked two scenarios for them to show them the difference between putting all the money as their downpayment on the regular amortization schedule vs. putting $150,000 as the down payment and then immediately making a lump sum payment of $50,000 after the mortgage funded.

This is how I saved them so much money in interest and reduced their amortization. One thing to note, this client was comfortable with their monthly payment going up by about $250 per month.

📲Message me if you’d like a review of your personal numbers to see what money saving options you have.

👉Follow for more money saving tips.

Address

#206 1230 91 Street SW
Edmonton, AB
T6X0P2

Telephone

+17809388169

Website

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