Chat button

News and Events

BMO is Offering 2.99% Interest Rate for 1 Day Only!

September 25, 2012

Bank of Montreal (BMO) is currently offering a 2.99% percent, 5 year fixed mortgage rate. This is a good rate no matter how you look at it, with or without its restriction. Keep in mind, this is only available to …

Read more +

Why Banks Give Mortgage Penalties and How to Avoid Them

September 19, 2012

When you are buying a home, you typically focus on certain things like the location, whether or not renovations are required and the overall cost. When you own a home, you may be thinking about paying down your mortgage faster, …

Read more +

The Battle Over MLS is Heating Up

September 14, 2012

MLS Stranglehold is Loosening Real estate agents are “feeling the pinch of the Competition Bureau’s efforts to loosen the real estate industry’s stranglehold on the Multiple Listing Service” (Arellano, Realtors hiding behind MLS – brokers). The Competition Bureau, which is …

Read more +

Internet provider issues

September 10, 2012

Our website was experiencing issues earlier today September 10th, 2012. We have confirmed our internet provider was having issues with their hosting server. Millions of sites were affected, but all is fixed now. Sorry for any trouble!

BMO’s Annual “Rainy Day” Survey

September 10, 2012

How Much Should I Save For An Emergency? According to BMO’s annual survey: Two-thirds of Canadians feel prepared to handle their financial obligations should an event occur which causes a change in job status, financial situation or a financial emergency …

Read more +

Canadian banks profit! – 7.8 billion $

September 7, 2012

It’s been a surprisingly good week for shareholders of the “big 6 banks” of Canada. All of the banks have reported higher third-quarter profits, up 45% from a year ago. Surpassing all analysts estimates, collectively reporting a net income of …

Read more +

What is a collateral mortgage?

September 6, 2012

Collateral mortgages are done at banks. Though most bank reps will tell you all the benefits of having a collateral mortgage, but will avoid telling you the disadvantages. A collateral mortgage is basically a line of credit against your home …

Read more +

Bank of Canada keeps prime rate at 3%

September 6, 2012

Bank of Canada announed that they will be keeping the prime rate at 3%, unchanged for quite a while. The past tells us that Canada follows the United States’ economic policies and trends. Why is this interesting? Because when the …

Read more +

The perils of home buying without an emergency savings fund

September 4, 2012

The unforeseen is your enemy. At any time, job loss, a sudden drop in income, unexpected home expenses or a medical problem can occur out of nowhere. On a recent survey, approximately 40 percent of Canadians with a mortgage say …

Read more +

For more information on how you can get started
loading  Please Wait...