News and Events

The young adult’s struggle… saving up for down payment.

August 17, 2012

If you asked 100 recent home buyers if they were satisfied with the size of their down payment, as many as 60 of them would say no. That’s what TD Canada Trust found in a recent survey of first time …

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Canadian home prices falling steadily

August 16, 2012

The Ottawa-based group said the average price of a home sold last month was $353,147, a decline of 2% from a year earlier. The year-over-year decline in June was 0.8%. “Prices are off their recent peaks in Greater Vancouver and …

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Bond yields rise… mortgage rates expected to follow!

August 15, 2012

Bond Yield Warning!! Have you been noticing the bond yields lately….they were up again yesterday. Don’t be surprised if you continue to see lenders increase rates. Apply online today to secure your pre-approval/approval rate!

Follow us on Twitter!

August 14, 2012

Mortgage Forces is now on Twitter! Follow us today at Like us on Facebook

Confused about mortgage penalties?

August 14, 2012

Breaking a closed mortgage usually results in a penalty. With a fixed mortgage, that penalty is typically the greater of 3-month’s interest or the interest rate differential (IRD). The dreaded IRD has been debated here ad infinitum, but there’s one …

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Mobile Mortgage Specialist – Opening positions in Ottawa, Ontario

August 13, 2012

The Mobile Mortgage Specialist will contribute to the success of Mortgage Forces by proactively generating retail mortgage business from real estate agents, home builders, lawyers and other centres of influence in the community. You will have the opportunity to provide …

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Lower rates for clients who have above par credit?

July 30, 2012

Some lenders are now offering lower than normal rates for clients who have credit scores above 740! An interesting article can be found at which explains more in detail what we can be expecting within the next few months.

Register your mortgage maturiy today with Mortgage Forces!

July 26, 2012

Register your mortgage maturity today and we’ll contact you 4 months prior to work with you and obtain the best possible rate available!

5 Year fixed rate at 3.04% available!

July 24, 2012

5 Year fixed rate at 3.04% available! Contact us today and apply online to receive your pre-approval certificate! *OAC

30 & 35 Year amortization still available!

July 17, 2012

Long Amortizations Survive…With 20% Down When the government cut maximum amortizations in 2008 and 2011, most big lenders reduced amortizations on all of their mortgages. They didn’t need to apply the changes to uninsured mortgages, but many did anyway. Not …

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