The Spire Journal
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What Is an Open Mortgage?
An open mortgage is a mortgage type that allows you to pay more than your set payments without penalty. Learn everything you need to know about open mortgages.
How Early Can You Renew Your Mortgage?
When is the earliest you can renew your mortgage? Learn when it’s time to renew your mortgage, plus renewal tips from Spire Mortgage.
When Do You Start Paying a Mortgage On a New Build?
When do you actually start paying your mortgage on a new build? Learn more about mortgages for new build, including payment terms and more.
What Is a Mortgage Maturity Date?
What does a mortgage maturity date mean? Learn more about maturity dates, including your options at maturity.
Is Mortgage Interest Tax Deductible in Alberta?
Can you deduct mortgage interest in Alberta? Learn more about taxes and mortgage interest, including what types of properties you can write off.
What Happens If Your Mortgage Renewal Is Denied?
What should you do if your mortgage renewal is not approved? Learn more about mortgage renewals being denied, including steps to follow.
What Is a High Ratio Mortgage?
What is a high ratio mortgage and what does it mean? Learn more about high ratio mortgages, including risks and requirements.
Who Qualifies as a First-Time Home Buyer in Alberta?
What are the criteria for a first-time home buyer in Alberta? Learn more about who qualifies as a first-time home buyer in Alberta.
Private Mortgage Lenders Refusing To Renew: What to Do
Can a private mortgage lender refuse to renew your mortgage? Learn more about lenders refusing to renew, including what to do in this situation.
How Short-Term Private Mortgages Can Save the Day for Quick Property Deals
What is a short-term private mortgage, and why would you need one? Learn more about short-term private mortgages, including how they can help with a quick close.
Can You Get a Mortgage For Land?
Is it possible to get a mortgage for land? Learn more about land mortgages in Canada, including the requirements and mortgage types.
Interest Rate Forecast: Will Interest Rates Continue to Fall in Canada?
Will interest rates continue to fall in Canada? Learn more about interest rate trends, and what that means for your mortgage.
When Will Mortgage Rates Go Down in Alberta?
Wondering when mortgage rates will actually decrease in Alberta? Learn more about mortgage rate trends, why rates increase, and how it impacts your mortgage.
How Property Valuations Impact Mortgages
What is a property valuation and how does it impact your mortgage? Learn more about property valuations, including how they work and why you might need one.
How Many Mortgages Can You Have in Canada?
While there are no restrictions on how many mortgages you can have in Canada, that does not mean anyone can obtain all the mortgages they want. For a person to be approved for multiple mortgages, they must qualify.
Everything You Need to Know About Porting a Mortgage in Alberta
There’s a lot of confusion and misinformation around how porting a mortgage actually works. We think it’s time to clear that up!
Pros and Cons of Co-Signing a Mortgage
Thinking about co-signing on a mortgage? Here is what you need to know before signing on the dotted line.
The Risks of Condition-Free Purchase Offers
The current ultra-competitive real estate market in Alberta can make it feel impossible for buyers to win a multiple-offer situation without submitting an unconditional offer. But what are the risks?
What is a Mortgage IRD?
Interest Rate Differential (IRD) is a charge that may apply if you pay off your mortgage before the maturity date, or pay the mortgage principal down beyond the amount of your prepayment privileges.
Will the New Home Buyers' Plan Limit Actually Help With Affordability?
What impact will the increase to the Home Buyers’ Plan (HBP) withdrawal limit from $35,000 to $60,000 have on home affordability?