Justin Da Rosa is a journalist with Canadian Mortgage Professional.
FICOM is arguing its pending disclosure requirements will ensure mortgage advice isn’t compromised by broker interests – but brokers argue that oversight is unnecessary
Lenders are making it harder for clients to qualify for mortgages out West
Interest rates – and in particular mortgage rates – can’t go any lower, and the growth of lending has peaked or is close to peaking, says one industry analyst.
FICOM has come clean with its full intentions around commission disclosure but has yet to commit to an implementation date, pointing to the sensitive nature of the move
Legalizing marijuana may be a top campaign promise for Dead Heads, but savvy brokers could take advantage should it pass
The CMHC has outgrown its original intent, according to a number of industry players, and this professional argues it should focus less on profits
There are a few frontrunners, according to one leading economist, and brokers are getting in their request before Justin Trudeau even takes office
Imbalances in the Canadian housing sector are one of the main risks to the Central Bank’s inflation outlook
The Bank of Canada just announced the target for its overnight rate
These are the things Prime Minister Justin Trudeau promised in the lead-up to his win Monday night that industry professionals should be aware of