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Illustration of a couple at a kitchen table going over mortgage paperwork, with a downtown skyline through the window.
Buying or Renewing After the Rate Hike: What to Do Now in Alberta
The Bank of Canada’s October 28, 2026 increase hit variable rates right away, while fixed rates moved on their own track. Prime rose a quarter of a percentage point to 4.70% at Canada’s...
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Illustration of a modern low-rise condo building in Edmonton on an autumn afternoon, with yellow-leafed trees lining the front walk.
Buying a Condo in Edmonton: What to Check Before You Commit
Buying a condo in Edmonton means making two decisions at once: the unit you’d live in, and the condo corporation you’d be joining. This guide looks at both from the financing side. It...
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Illustration of a downtown skyline and river valley on a clear late-fall day.
Bank of Canada Raises Its Rate to 2.5%: What It Means for Your Alberta Mortgage
The Bank of Canada raised its policy rate from 2.25% to 2.50% on October 28, 2026, its first increase since July 2023 (Bank of Canada). The big banks moved their prime rates up the next day. Three...
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