Mortgages by Yvonne

11/19/2025

Can hardly wait for this class! Hope you can join us!!

Discover how surprisingly simple it is to create beautiful faux rusted pots with a vintage, time-worn charm. In this cozy hands-on workshop!

11/19/2025

Thank you Chloe!

11/17/2025

Looks like fun! Join us!

07/29/2024

This is our sister company...check us out.

It's "Give Something Away" day! How can you give something meaningful today? Who needs a little lift of love and energy in your world? Send them a basket to show them how much you care!
www.luxuriesgiftbaskets.com

07/29/2024

Check us put for the best gift baskets in the city!

Looking for the ultimate savoury experience? We have just the thing!

Our Meat and Cheese Platter gift basket is perfect for those who appreciate the finer things in life.

This basket features locally made Pepperoni, Steak Strips, and a full coil of Ham Sausage, paired with two flavorful cheeses and a hot spicy jam to complement the Brie Cheese.

Simple yet satisfying, it's everything you need for a complete event in a box!

Choose from our Medium option or go all out with our Large option, complete with a serving board.

Order now and treat yourself or surprise your neighbour, colleague, employee, or friend with a taste of gourmet indulgence!

03/31/2024

From my family to yours, Hoppy Easter! 🐰

03/25/2024

Will an early mortgage renewal save me money? 🤔

There are two scenarios where an early mortgage renewal will save you money. The first is when mortgage rates are lower than your current mortgage rate. For example, let’s look at a 5-year $500,000 mortgage that is six months away from renewal that has a fixed mortgage rate of 3%.

Scotiabank allows you to renew your mortgage early by 180 days (six months), and currently offers a 5-year fixed mortgage rate of 2.50%. This is 0.50% lower than your mortgage rate. Since you can renew early without penalties, it can make sense to renew at the lower mortgage rate of 2.50% to take advantage of lower interest payments immediately.

💰 If you were to not renew early and stayed at 3%, your interest payments over the next six months will be $5,300
💰 If you renew early at 2.5%, your interest payments over the next six months will be around $4,500

In this case, renewing early to take advantage of a 0.50% lower mortgage rate for six months will save you $800.

The second scenario where you will save money is if mortgage rates increase in the future. Locking in a lower mortgage renewal rate can allow you to get a fixed rate before rates increase.

A mortgage rate calculator can be used to find out how a difference in mortgage rates can affect your monthly mortgage payments. Check out my Alberta mortgage calculator to get an idea of what your monthly mortgage payments may look like 👉 https://www.mortgagelinealberta.ca/index.php/leduc-pigeon-lake-edmonton-alberta-mortgage-calculators

03/22/2024

Hey Homeowner! Here’s a tip… Examine your shingles and roofing! 🏡

Examine your roofing and shingles to see if any were lost or damaged during winter. If your home has an older roof covering, you may want to start a budget for replacement, especially if you plan to sell your home this summer.

Was this tip helpful? If so, go ahead and 👍 Like this post, 💬 Tag a friend who is getting ready to list their home and ✅ Follow me for more mortgage advice and home tips!

03/18/2024

Mortgage Broker vs. Bank… What’s the difference?! 😵

🏡 Mortgage brokers help negotiate rates, find the best mortgage that suits your needs, and guides you through the application process.
🏦 Banks can only offer their own services, while a mortgage broker can compare and connect you with multiple lenders.
💸 You won't have to pay out-of-pocket for a broker's services, and you may even get additional discounts through mortgage buydowns.
💰 Going directly to your preferred bank would be a good option for those that prefer to keep their everyday banking at the same bank, have a good credit score, and want additional products that brokers do not provide.

There are pros and cons to both working with a mortgage broker and going directly to a bank. It depends on your personal situation as to which route makes the most sense for you.

If you have a good credit score and know exactly what type of mortgage you need, then going to a bank may be the best option. Banks can offer additional products that brokers can't provide, such as HELOCs, which can complement your mortgage. The majority of Canadians choose to go directly to a bank for their mortgage.

On the other hand, if you're not sure what kind of loan you need or have less than perfect credit, then working with a mortgage broker may be a better choice. Mortgage brokers have access to a variety of lenders and mortgage programs, so they can help you find the best fit for your situation. This can be especially helpful if you don't quite fit the mold for a "traditional" borrower.

No matter what your mortgage needs are, if a broker is right for you, I can help! To learn more about getting a mortgage in Alberta, get in touch with me today! 💻 https://www.mortgagelinealberta.ca/

03/17/2024

Happy St. Patrick’s Day, everyone! 🍀