 Helping a Child Buy their First Home
 Thinking of purchasing a home for your child? While this is exciting for them, it can be hectic and can inflict an immense financial weight on the buyer. It also means a number of decisions will have to be made, and just as many questions will need to be answered. Alta West Mortgage can help simplify this process as the Calgary Herald has provided an article pinpointing the pros and cons to lending money, and how to keep your investment in the family while making financial and legal considerations.
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Know the Terms when Purchasing a Home
 Buying a home for the first time is an exhilarating, life changing experience that can also be a little daunting and baffling. As a first-time home buyer, there are a number of terms that you may hear during a real estate transaction, that make the process a little more complex.
The Calgary Herald has provided an article that offers a glossary of common terms that you will likely encounter, helping you understand your purchase a little better.
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Why are you Paying Rent? Become a Homeowner
 Here are some quick steps to help get you on your way to becoming a homeowner:
Step One: Get a Pre-Approval:
Many lenders will offer a pre-approval. To get a pre-approval you go through the loan approval process with us. The biggest benefit of a pre-approval is you can now shop with confidence knowing exactly what you can afford.
Step Two: Purchase Your Home:
This is the fun part! Armed with your pre-approval (Insert happy face here) you can start to look for your new home! Whether you are purchasing a new build or an existing home all vendors love to deal with a purchaser with financing approved, this tells them you are a serious shopper.
Step Three: Financing Paperwork:
An Alta West Mortgage specialist will go over all of the required paperwork with you and answer any questions you may have.
Step Four: Closing:
Once all of the paperwork is complete, Alta West Mortgage will send it to be finalized with your Lawyer of choice.
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As the reality of economic issues continue to grow, the idea that the Bank of Canada would raise its benchmark rate as a concern over its largest trading partner, the United States, was believed by only a few market players. The following article is an in-depth look at how European bank stress tests underrated major banks to sovereign debt, and how the Canadian economy remains healthier than its U.S. counterpart, while "grinding ahead" of their longer-dated peers. 
