The Spire Journal
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How to Get a Mortgage When You’re New to Canada
Whether you’re a landed immigrant with a work visa, a permanent resident or Canadian citizen, there are options to obtain a mortgage.
April 2024 Monthly Newsletter
Spire Mortgage Team’s Monthly Update Newsletter. Give it a read for all the details on mortgages and real estate trends in your local area in Alberta.
Government of Canada Introduces 30 Amortization for First-Time Buyers Purchasing New Builds
A HUGE housing announcement came from the Government of Canada yesterday. 30-year amortization will be allowed for first-time buyers' mortgages on new home builds & $60k from RRSPs!
Choosing Mortgage Rates & Terms: What To Look For—Besides The Rate
Rates aren’t the ONLY thing to consider when shopping for a mortgage. Here’s what else we think is important for homebuyers to look at when evaluating their options.
Purchase Plus Improvements Mortgage FAQs
The Purchase Plus Improvements Mortgage option gives home buyers the flexibility to upgrade or improve their newly purchased property.
2024 Changes to Alberta Land Titles Registration Fees
The Alberta government is proposing some BIG changes that could impact home buyers’ closing costs.
Guide to Refinancing a Mortgage in Alberta
Refinancing may be a good option to explore with your Mortgage Professional, but its important to understand the Pros and Cons to determine if it’s the best option for your situation.
Spire’s Mortgage Term Glossary
Scroll to learn all of the most common mortgage definitions.
Why Alberta Landlords Will Pay Interest on Security Deposits in 2024
There’s a 2024 change landlords need to know about—security deposits will now need to be returned with interest of 1.6%.
The Fastest Way to Get a Downpayment as a First Time Home Buyer
If you’re a First Time Home Buyer eager to get into the house of your dreams but don’t have the downpayment to make it happen—we have a great strategy for you!
Why the Hybrid Mortgage Could be a Great Option for Borrowers in 2024
Hybrid mortgages combine fixed and variable rates to offer borrowers a strategic solution for their home financing.
Why you should open a First Home Savings Account before Dec. 31
Earlier this year, the Canadian federal government introduced the First Home Savings Account (FHSA), aimed at assisting first-time homebuyers with savings.
It is go time for Variable Rate Mortgages again??
Should you choose a variable or fixed rate mortgage? This is the question everyone is asking right now! And with the rapid changes happening in the market, it’s a great question to be asking.
How to use Rent Payments to Increase your Credit Score
There are several companies that help renters use their payments to build their credit. Each of them take a slightly different approach.
Get Access to the Best Rates at your Mortgage Renewal
Stay in touch with today's BEST rates! Take the stress off your list and save money in the process with our new mortgage renewal reminder tool.
Why Use a Mortgage Broker?
Should I use a mortgage broker? Learn more about why you should use a mortgage broker, including the pros and cons.
Should I Switch from a Variable to a Fixed Mortgage?
Should I lock in a fixed-rate mortgage? Locking in a fixed-rate mortgage isn’t the right choice for everyone, and varies depending on market trends and finances.
Can You Get a Mortgage to Build a House?
Is it possible to get a mortgage to build a house? Learn more about the requirements for construction mortgages and how to finance a home build.
How to Buyout Your Partner in a Mortgage in Canada
Buying out a partner in a divorce is a common practice, but how does it work? Learn how to buyout your partner in a mortgage in Canada during a divorce.
Can a Bank Deny Your Mortgage Renewal in Canada?
Can banks deny your mortgage renewal in Canada? Learn more about mortgage renewals and how to prevent your mortgage renewal from being denied.