4 Sep 2013

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The argument for opening up MLS

An interesting opinion piece in Real Estate Magazine, brought into light the battle going on between the Competition Bureau and organized real estate in our country. The Competition Bureau is pleading for MLS to be opened up to the public. The Bureau claims: “the overwhelming majority of real estate transactions in Canada are brokered through the MLS system. Realtors must agree to comply with CREA’s restrictions on the service options they provide to Canadian consumers …(the bureau) wants these anti-competitive rules removed so that consumers can benefit from greater choice.” While some may argue this is not a good move for REALTORS, the author of…

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29 Jun 2013

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RBC Hikes Mortgage Rates

Canadians are faced with yet another mortgage rate hike. RBC, Royal Bank of Canada, announced it would increase…

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26 May 2013

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3 of Canada’s top banking execs...

At a time when headlines speak of Canada’s housing market on the verge of a crash, 3 top…

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6 May 2013

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Loyalty doesn’t pay when it comes...

Consumers who renew without asking questions are being taken advantage of. Your loyalty to your bank is costing…

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15 May 2013

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Amortization cap will upset investors

I came across a great article by Canadian Real Estate Wealth titled Investors could be hardest hit by…

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23 Jan 2013

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BOC Remains on the Sidelines

At 10:00 am EST, Wednesday January 23rd, 2013, the Bank of Canada again did what we expected them…

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13 Jan 2013

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US Debt ceiling explained in easy to...

I came across this great analogy on Facebook posted by one of my friends and had to share…

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10 May 2013

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Upward pressure on rates as bonds rally

Here we go… The bond market rally is squeezing spreads, placing upward pressure on the fixed interest rates.…

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6 Mar 2013

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Bank of Canada announcement, no...

At 10:00 am EST, Wednesday March 6th, 2013, the Bank of Canada again did what we expected them…

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7 Apr 2013

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RBC Replaces Canadian Workers With...

Canada’s largest bank has laidoff 45 Canadian workers and will be replacing them with foreign workers. “Dozens of…

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16 Mar 2013

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5 ways wealthy people become wealthy

Most of us can’t rely on lotteries or inheritances for wealth. But we CAN observe how wealthy people…

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