Yet again a big bank mortgage penalty has made the news. In this case the CBC news. The thing is, you’re seeing this in the news maybe once a month or two, which is often. I’m seeing it almost daily and that’s no lie. Just this week I started helping out a client, who not […]
Blog
Lead Generation by the Numbers
This is for all my self employed, commission, clients! And of course non clients! Hot Tips 391%: Leads called with 60 seconds have a 391% better chance of converting 138%: Attempting contact at least six times can increase the contract rate by 138% 3 or More Texts: Sending three or more purposeful text messages after […]
How Brokers Operate: Some Stats
This is a pretty interesting article with some interesting stats. Thankfully I’m on the good side of this and live and breath mortgages daily and have for 10 years! The vast majority of mortgage brokers recommend suitable mortgages, according to a new report from the Mortgage Broker Regulators’ Council of Canada (MBRCC). That’s vital because, […]
Bank of Canada stays steady
The Bank of Canada announced Wednesday it will maintain its target for the overnight rate; days before the fourth anniversary of BoC upping it to one per cent. “Overall, the risks to the outlook for inflation remain roughly balanced, while the risks associated with household imbalances have not diminished,” the bank’s official release states. “The […]
CIBC Mortgage Penalty Law Suit a Go
CIBC’s law suit against them is a go and could pose to be a very historic time for the way banks calculate their penalties. We’ll just have to wait and see! And it doesn’t just stop in 2009…it’s still happening. A B.C. court says the mortgage penalty class action against CIBC can proceed. The court […]