Mortgage Blog

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Category: Financing (6 posts)

Why the Bank of Canada’s Rate Pause Isn’t a Green Light for Cheap Mortgages in Red Deer

Why the Bank of Canada’s Rate Pause Isn’t a Green Light for Cheap Mortgages in Red Deer

June 9, 2025 | Posted by:Kelly Lukens - Trusted Red Deer Mortgage Broker

If you've been waiting for interest rates to drop before locking in a mortgage, you're not alone. On June 5, 2025, the Bank of Canada (BoC) decided to hold its overnight lending rate at 4.75%, marking ...

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Understanding Capital Gains in Canada

Understanding Capital Gains in Canada

November 11, 2024 | Posted by:Kelly Lukens - Trusted Red Deer Mortgage Broker

What Are Capital Gains? Capital gains refer to the profit you earn when you sell a capital asset-such as property or investments-for more than its original purchase price. For example, if you bough ...

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7 Financial Tips for People Looking to Buy an Investment Property in Canada

7 Financial Tips for People Looking to Buy an Investment Property in Canada

July 19, 2024 | Posted by:Kelly Lukens - Trusted Red Deer Mortgage Broker

Investing in real estate can be a powerful way to build wealth, but it's essential to approach it with a well-thought-out strategy. Here are seven financial tips to help you purchase an investment pro ...

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Should You Refinance Your Mortgage?

Should You Refinance Your Mortgage?

January 15, 2024 | Posted by:Kelly Lukens - Trusted Red Deer Mortgage Broker

There are a multitude of reasons why a homeowner may be considering refinancing their mortgage. However, before any final decisions are made it is always a good idea to consider carefully whether refi ...

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Strategies to Dig Yourself Out of the Debt Hole

Strategies to Dig Yourself Out of the Debt Hole

December 25, 2023 | Posted by:Kelly Lukens - Trusted Red Deer Mortgage Broker

Debt. It's something almost everyone will have at some point in their life. But what happens when your debt begins to get the better of you? What options are available? Some simple strategies can he ...

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Why You Need an Emergency Fund And How to Get One

Why You Need an Emergency Fund And How to Get One

December 18, 2023 | Posted by:Kelly Lukens - Trusted Red Deer Mortgage Broker

Building an emergency fund is something most people know they should do but few actually get around to doing. A recent study found that nearly two-thirds of Americans did not have an emergency fund, a ...

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Kelly Lukens - Red Deer Mortgage Broker

Kelly Lukens
Trusted Red Deer Mortgage Broker

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