Feeling Inflation Frustration?
Freeze Your Interest Rate!
Did you hear about our Rate Freeze Mortgage on 102.3 Now! Radio? If you are worried about rising interest rates we've got a solution.
Getting more info is easy. Call or text us at 780-800-5500. Or, simply fill out the form and we will get in contact with you to share more details and determine if this is the right option for you.
Lock your rate in today with Benchmark’s Rate Freeze Mortgage.
Buying a home? Renewing your mortgage?
Does it feel like things are costing more lately? Everything from gas, groceries, and utilities. Even mortgage rates are on the rise. Nobody fully knows what the future holds, especially with all the uncertainty in the world.
- Buying a Home: Did you know that we can secure an interest rate for you in case rates go up? In a rising rate environment, you can then rest assured that once you have found a home you’ll have the lowest rate available at that time. Our Rate Freeze option provides security and peace of mind for the next four months while you hunt for that new pad.
- Mortgage Renewal: We've got clients breaking their existing mortgages to take advantage of today's rates, EVEN if their mortgage is not up for renewal for several months or next year. Exploring your mortgage options now could save you from renewing in what could be an even higher rate environment if you wait.
Can Benchmark help? The answer is YES! Sweet! Take that inflation! Say goodbye to feeling stuck, call or text us today. 780-800-5500.
We've Got The Answer
We know there are a lot of people out there willing to offer you a mortgage. But we didn’t set out to be just like everyone else. Our team will help you find the best mortgage whether you are buying a home or renewing your mortgage. It all starts by working with a great team that understands that everyone's needs are just a little bit different. Let's do this! Call Me Back
And check out these additional resources here to compare your options side by side and search for the best mortgage rates.
“As a first-time home buyer, the team at Benchmark put all my worries at ease. They explained everything perfectly and ensured I understood, and they helped me make a confident and informed decision. They were extremely transparent and knowledgeable about which direction the market was heading and they kept me in the loop the whole process. I would recommend them to anyone who asks me!
- Brittany E.
Don’t just take our word for it . . .
Believe in Better ®
We've helped lots of first-time homebuyers get into a home of their own with little or no money down in Edmonton, St. Albert, Sherwood Park, Spruce Grove, and other neighborhoods in Alberta. Like them, you may be able to take advantage of our Skip The Down Payment Mortgage solution. See our client reviews here: Google Reviews
Personal Service
We are your step-by-step guide to see if you qualify for our Skip The Down Payment Mortgage
Flexible Options
Less than 5% down? We've got options today so you don't have to wait because we know that one-size doesn't fit all.
Save Time
We'll show you solutions to buy your first home faster
Save Money
We get the best mortgage for you even with zero dollar down
March 2022– Bank of Canada Hikes Rates, Signals More to Come
The Bank of Canada raised its key interest rate by 0.25% in early March, bringing the overnight interest rate to 0.5% and pushing the prime lending rate at big banks to 2.7%. Higher rates are already being felt by consumers. The effective interest rate paid by households across all credit products has risen by 60 basis points (bps) since the start of the year and is nearly 80bps higher than last year at this time…the steepest annual increase since 2006.
What are the interest rate projections for those looking to get into the housing market for the first time, and of course, for those who already have a mortgage that will soon be up for renewal? Will the road ahead be riddled with a few potholes or a smoothed paved surface?