Mortgage & Finance
Mortgage rates, financing options, and financial advice
Canada's Inflation Rose to 3.0% in July 2026: The Edmonton Read
Canada's inflation rose to 3.0% in July 2026, driven almost entirely by gasoline. Excluding gas it held at 2.2% and shelter costs kept cooling. Here is what it means for Edmonton buyers and renewers.
Bond Yields Are Lifting Fixed Mortgage Rates: An Edmonton Read
Canada's 5-year government bond yield rose to 3.34% on August 10, 2026, and fixed mortgage rates follow bond yields, not the Bank of Canada's overnight rate. Here is what that means for Edmonton buyers and owners weighing fixed versus variable.
Bank of Canada Officials Split on the Recovery: The Edmonton Read
The Bank of Canada's July 29 deliberations show a Governing Council split on whether the second-quarter rebound will last. Here is what the division means for Edmonton mortgages ahead of the September 2 rate decision.
Alberta Home Insurance Rose 11.9%, the Steepest in Canada
Alberta home insurance rates rose 11.9% year over year in Q2 2026, the steepest increase of any province. Here is what the Applied Rating Index means for Edmonton homeowners.
Canada's Inflation Cooled to 2.8% in June 2026: The Edmonton Read
Canada's annual inflation rate eased to 2.8% in June 2026 from 3.2% in May, keeping the Bank of Canada on hold at 2.25%. What the print signals for Edmonton buyers, renewers, and mortgage costs.
Bank of Canada Holds Rate at 2.25%: What It Means for Edmonton
The Bank of Canada held its overnight rate at 2.25% on July 15, 2026. Here is what the decision and its July Monetary Policy Report mean for Edmonton buyers, owners, and 2026 renewers.
Mortgage Renewal 2026: What the Edmonton Renewal Wall Really Looks Like
Headlines warn of a 20% payment shock at mortgage renewal. The Bank of Canada's own numbers are far lower. Here is what Edmonton homeowners renewing in 2026 should actually expect.
Fixed vs Variable Mortgage Rates: Which Is Right in 2026?
With the Bank of Canada policy rate at 2.25% and variable rates now beating fixed for the first time since 2022, here is how Edmonton buyers should choose between a fixed and variable mortgage in 2026.
The Mortgage Stress Test in Canada: How It Works in 2026
The mortgage stress test makes Canadian banks approve you at a higher qualifying rate than the one you pay. Here is the 2026 formula and what it means for a typical Edmonton home.
Mortgage Pre-Approval in Edmonton: A Step-by-Step Guide
A pre-approval gives you a real maximum and a held rate before you tour homes. Here is how to get pre-approved in Edmonton, what documents you need, and what pre-approval does and does not promise.
How Much House Can You Afford in Edmonton? 2026 Mortgage Guide
Work out how much house you can afford in Edmonton using 2026 debt ratios, the mortgage stress test, real median prices, and down payment rules, then run your own number with our calculators.
Down Payment for a House in Canada: How Much You Really Need
Canada's minimum down payment is 5%, but the real number depends on price. Here is the tiered rule, the CMHC cost, and what 5% down looks like on Edmonton's median home.
Closing Costs in Alberta (and Why There Is No Land Transfer Tax)
Alberta has no land transfer tax, but closing costs still run 1.5% to 4% of the price. Here is the full Edmonton breakdown, including the 2024 land titles fee and GST rules, with a worked example on a median-priced home.
Mortgage Renewal in Alberta: What to Do When Your Term Ends
Your mortgage term is ending and the easy option is rarely the cheapest. Here is how to read your renewal, use the 2024 straight-switch rule, and decide whether to renew or switch in Alberta.
Breaking Your Mortgage Early: How Penalties Work in Canada
Breaking a fixed-rate mortgage early can cost three months' interest or a much larger IRD penalty. Here's how the math works and how to avoid it.
Legal Basement Suites in Edmonton: 2026 Rules, Permits, and ROI
Edmonton's 2024 Zoning Bylaw opened secondary suites to nearly all residential lots. Here are the current permit fees, building code requirements, financing options, and what the rental income looks like on a $478K home.
Mortgage Insurance in Canada: What Edmonton Buyers Need to Know in 2026
5% down on the first $500K, 10% on the rest up to $1.5M. The 30-year amortization is now open to all first-time buyers and new-build purchases. Here is what the rules actually say.