Usual breakdown missing from CAAMP report
CAAMP released its fall report earlier this week indicating that brokers have enjoyed an increased market share compared to their banking counterparts; but missing from this year’s survey is the usual breakdown into new originations and renewals. MortgageBrokerNews.ca asked the economist behind the report to explain.
Another rate site has brokers frustrated
Whispers of a new rate site being backed by a deep-pocketed company have made their way across the industry, leaving some brokers frustrated.
CAAMP: brokers gaining market share
The Canadian Association of Accredited Mortgage Professionals (CAAMP) released its annual fall survey report on Tuesday which indicated that brokers are quickly gaining valuable market share on their banking counterparts.
Bozic on Flaherty
One of the industry’s most influential thought leaders pulled no punches last Thursday when he was featured on the Canadian Mortgage Hangout (#cmhTV) – especially when talking about Finance Minister Jim Flaherty’s recent threats to intervene in the housing market once again if necessary.
CREA: Markets declined in October
The Canadian Real Estate Association (CREA) released its monthly numbers for all of Canada and – true to its forecast released last month – Canadian home sales have dropped in October 2013.
Two portraits of a Millennial first-time homebuyer
Developers presented two very different profiles of Millennial first-time buyers at the CMHC conference in Toronto Tuesday -- both absolutely key for brokers to understand as they head into 2014.
The most unique broker incentive ever?
In a bid to drum up potential business, a Brampton-based broker took to the street to hand out pamphlets inviting potential clients to attend a 45-minute presentation… and the chance to win the most unorthodox prize ever.
Bank economist offers key forecast
One leading economist is offering both good and bad news for brokers concerned about the immediate future of home sales as interest rates tick higher and buyer appetite seems more and more uncertain.
Public votes on brokerage's next national TV ad
Mortgage Alliance asked the public to vote on the company’s next national television ad… and the results are in.
Brokers call for region-specific lending rules
The general consensus among brokers is that government tinkering with lending rules is an unwanted annoyance; but do brokers in smaller markets have it worse than others?