Mortgage Blog
Your Trusted Airdrie and Cochrane Mortgage Planner
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Construction Mortgages - the difference between a draw mortgage and a completion mortgage
December 9, 2025 | Posted by: Patricia McKean - Cochrane and Airdrie Mortgage Broker
Building a home in communities like Airdrie, Cochrane, Calgary, Red Deer, Carstairs, Olds, and the surrounding counties can feel exciting and overwhelming at the same time. One of the first big decisi ...
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Your Trusted Alberta Mortgage Broker
December 8, 2025 | Posted by: Patricia McKean - Cochrane and Airdrie Mortgage Broker
What People Are Saying About Patricia McKean – Mortgage Architects When people talk about mortgages, they usually think about stress, worry, and long nights with a calculator. But when people t ...
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Why You Should Add Your 8,000 Dollars to Your First Home Savings Account Before December 31
December 1, 2025 | Posted by: Patricia McKean - Cochrane and Airdrie Mortgage Broker
If You Are Dreaming About Buying Your First Home If you are dreaming about buying your first home one day, the First Home Savings Account is one of the best tools in Canada to help you get there. It ...
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Fall 2025 Canadian Mortgage Trends & Insights Report
November 21, 2025 | Posted by: Patricia McKean - Cochrane and Airdrie Mortgage Broker
Did You Know ? Did you know that despite encouraging signs of stabilization in the Canadian mortgage market this fall, the national household debt-to-income ratio remained at an eye-opening 181.8 % in ...
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Purchase Plus Improvements
November 13, 2025 | Posted by: Patricia McKean - Cochrane and Airdrie Mortgage Broker
Turn a house with potential into your perfect home In many markets, finding a home that checks all the boxes is getting harder. But what if you found one that needs a little work, and used that renov ...
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Nov. 2025 - How the Bank of Canada Rate Cut Affects Your Refinancing Strategy
November 10, 2025 | Posted by: Patricia McKean - Cochrane and Airdrie Mortgage Broker
On October 29 2025, the Bank of Canada (BoC) reduced its target overnight rate by 25 basis points to 2.25 %. For Canadian homeowners who are thinking about refinancing their mortgage, this move matter ...
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Bank of Canada lowers policy rate to 2.25%
October 29, 2025 | Posted by: Patricia McKean - Cochrane and Airdrie Mortgage Broker
The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. With the effects of US trade actions on econo ...
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Canadian Home Sales Poised for a Strong Finish in 2025
October 20, 2025 | Posted by: Patricia McKean - Cochrane and Airdrie Mortgage Broker
The Canadian housing market is showing signs of renewed strength as we approach the end of 2025. According to the latest report from the Canadian Real Estate Association (CREA), home sales across the ...
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How Falling Rates Open Doors for Gig Workers, Mortgages for Non-Traditional Incomes
October 6, 2025 | Posted by: Patricia McKean - Cochrane and Airdrie Mortgage Broker
After several policy cuts, the Bank of Canada's overnight rate sits at 2.50% as of September 17, 2025, down from 3.00% in January. This easing has lowered borrowing costs and improved afford ...
read moreSeptember 17-2025 - Bank of Canada lowers policy rate to 2.5%
September 17, 2025 | Posted by: Patricia McKean - Cochrane and Airdrie Mortgage Broker
The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. After remaining resilient to sharply higher ...
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