CMAs: The night in Tweets
The hundreds of industry professionals attending this year’s Canadian Mortgage Awards got in on the action by live-Tweeting the event – and these are some of the highlights.
No more mortgage rule changes
Brokers can officially breathe a sigh of relief regarding mortgage rule tightening, according to the Finance Minister. At least for now.
Zero per cent rate on the horizon?
It was a bold – and disputed -- claim when he first made it over a month ago, but one former BoC advisor is once again predicting rates will drop to zero.
Broker: Don’t service yourself, service the client
Despite the CMHC’s premium hike on the horizon, one professional doesn’t believe brokers should necessarily advise clients to get ahead of it.
Lighter Side: Channel your inner Jay Gatsby
Author F. Scott Fitzgerald captured 1920s post-war excess, and now one lucky homebuyer can channel their inner literary lush by living in the house where he penned part of The Great Gatsby.
Household debt worries exaggerated?
It’s an opinion brokers may not necessarily agree with, but one influential public policy think-tank believes concerns about household debt are overblown.
Realtor referrals challenge consumer protection
When it comes to one bank’s Realtor referral program, brokers are focusing on the wrong issue, according to one broker.
Poloz quantifies rate cut savings
Just how much can your clients expect to save in interest if they renew their mortgages soon? Stephen Poloz provides the answer.
Record to be set in Toronto?
May has been a busy one for Toronto-based brokers, according to new data that points to a substantial year-over-year uptick in sales.
Rate forecast a double-edged sword
A highly influential rate forecast is offering great news for brokers, but also a little bad.