Renewing Your Mortgage in Edmonton This Year?
August 2026 | The rule change your bank didn’t mention If your mortgage is coming up for renewal, there’s a good chance a letter has already landed in your mailbox or your online banking portal. It looks official. It has a rate on it. And it has a signature line that makes the whole thing […]
Six Months In: A Lot Has Changed Since January
July 2026 | A Lot Has Changed Since January We’re only six months into 2026, and it’s already a very different year than most of us were expecting back in January. Headlines have been noisy and often contradictory, which makes it hard to know what to do with your mortgage or home plans. So let’s […]
Why the Bank of Canada Is Stuck at 2.25%
June 2026 | What This Means for Alberta Homeowners The Bank of Canada’s decision to hold at 2.25% is not about “doing nothing.” It’s about managing a real tug‑of‑war in the economy, with weak growth on one side and stubborn inflation risks on the other. For Edmonton buyers, sellers, and homeowners, it signals a cautious, […]
Purchase Plus Improvements Programs
May 2026 | Purchase Plus Improvements Programs Finding your dream home in the Edmonton area can feel like searching for a needle in a haystack. But what if the perfect house is hiding under outdated finishes and old carpet? A fixer-upper might be your ticket to homeownership, and with the right financing strategy, you don’t […]
Financing Options for Alberta Homes
April 2026 | Financing Options for Alberta Homes Fixed vs. Variable: Choosing Your Rate Style Let’s start with the choice most buyers wrestle with first: fixed versus variable. A fixed‑rate mortgage gives you one interest rate and one payment for the entire term, which many first‑time buyers love because it keeps their budget predictable. Variable […]
Bank of Canada Holds Interest Rate | What It Means for Canadians
March 2026 | Bank of Canada Interest Rate Announcement March 18 The Bank of Canada announced on March 18, 2026, that it is holding its key interest rate at 2.25%. This makes it the second consecutive rate hold of the year, signalling that the central bank is taking a steady, watchful approach as global and […]
Smart Steps for First‑Time Home Buyers in Canada
Feb 2026 | Smart Steps for First‑Time Home Buyers Buying your first home is one of life’s most exciting milestones—but it can also feel like stepping into uncharted territory. Between saving, budgeting, and securing financing, there’s a lot to think about before you start house hunting. If you’re a first‑time buyer in Alberta or anywhere […]
First Responder Mortgage Program
Jan 2026 | First Responder Mortgage Program At Metro Mortgage Group, we have deep respect for the everyday heroes of our city — the members of the Edmonton Police Service, EMS, and Fire Rescue Services. Your commitment keeps our community safe, often at great personal sacrifice. As a gesture of gratitude, we’re proud to offer […]
Pros and Cons of a Home Equity Line of Credit (HELOC)
Dec 2025 | Pros and Cons of a Home Equity Line of Credit (HELOC) If you’re a Canadian homeowner, you’ve probably heard friends or family talk about using a home equity line of credit, or HELOC. People often use it to renovate, consolidate debt, or help kids with school costs. A HELOC can be a powerful […]
What the Latest Bank of Canada Rate Cut Means for Canadian Borrowers and Homeowners
Nov 2025 | What Rate Cut Means for Canadian Borrowers and Homeowners On October 29, 2025, the Bank of Canada made headlines by cutting its benchmark policy rate by 25 basis points. This move brought the policy rate down to 2.25%. For Canadians with mortgages, loans, or even a keen eye on their credit card […]