News and Events

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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Army Run September 23rd – Come visit our booth and meet the team! Receive free gifts!

August 31, 2012

Happy long weekend everyone! Be sure to drop by the Mortgage Forces ™ booth to meet part of the team! We will be on site to provide you with answers to any mortgage questions or concerns you might have. We …

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Condo fees – become aware of what these are!

August 30, 2012

Condos are becoming more popular as the days go by. I meet a lot of clients who generally have no idea what condo fees are, and what exactly they are for. I’ve done a little research, and spoken with a …

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Come interact with us at army.ca forums!

August 29, 2012

Come join us at our own section at www.army.ca http://forums.army.ca/forums/index.php/board,132.0.html we post weekly articles and love discussing news related to the mortgage industry, and how it impacts you! This is one of the biggest and most active army community out …

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