It was mostly due to my day job income and low cost of living over a long period of time; however, real estate accounts for about 50% of our income through a small portfolio of short, mid, and long term rentals. 

Run the calculations on the expense of doing a refi at a slightly reduced rate vs. keeping the current loan for whatever period of time you think you will hold this house.

I would be buying into a sellers market in almost any Albertan city.Alberta also worries me as it is known to be super volatile for short periods of time and then sit dormant for up to a decade. 

However; two new pieces of legislation were proposed in 2023 to help expand these credits to more areas and extend the timeline of the credits.

Hold your nerve and don't slash prices unless you're seeing some extended time without bookings.

Period. 

I just wanna make sure, the 10+ years lock-in period is making me a bit anxious.  

The shaded regions represent periods of QE (QE1, QE2, and QE3), during which interest rates generally declined or remained low.

When you say "open rate" mortgage, we would say "variable rate" and the rate would reset periodically based on some standard index.

For me rent is due on the 1st with a 5 day grace period.