Steven Says
Day: March 20, 2025
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When most people think about buying a home, spring and summer usually come to mind. Open houses are busy, listings move quickly, and competition is high. But what many first-time buyers don’t realize is that fall can actually be one of the best seasons to find the right home in Edmonton—and secure a mortgage that fits your budget.
When people think about mortgage rates, they often focus on the Bank of Canada announcements or the headline rates from big banks. While those are important, there are several less obvious factors that can influence the rate you’re offered—especially here in Alberta. At Steven Murdoch Mortgages, we believe the more you know, the better decisions you can make. Here are some of the hidden factors that might be shaping your mortgage rate:
When you’re buying a home or refinancing, the interest rate you get isn’t just a number—it’s the key to how much you’ll end up paying over the life of your mortgage. Even a small difference—sometimes just half a percent—can add up to thousands of dollars in savings. At Steven Murdoch Mortgages, we’ve seen it time and time again. Clients come to us thinking a small rate change won’t matter much… until we run the numbers and show them how big the impact really is.
As the days get longer and your flowers begin to bloom, there’s no better time to transform your house into your dream home. If you want to unlock your home’s full potential, here are six renovations that can boost both your lifestyle and property value.
Thinking about buying a home this summer? You're not alone. With longer days, warmer weather, and more homes on the market, summer is one of the most active—and opportunity-filled—seasons for homebuyers in Alberta. At Steven Murdoch Mortgages, based in Edmonton, we work with clients across the province to help them take advantage of the unique benefits that come with summer homebuying. If you’re ready to take the next step toward homeownership, here’s why summer might be the perfect time to do it.
Buying your first home is an exciting milestone—but in 2025, many first-time buyers in Edmonton are asking the big question: “What do current mortgage rates mean for me?” While rates have started to stabilize after a period of economic uncertainty, they’re still higher than the record lows we saw just a few years ago. So what does that mean for you as a first-time buyer? Here’s how today’s mortgage rate environment is shaping the homebuying journey—and how you can still get into your first home with the right strategy.
