Justin Da Rosa is a journalist with Canadian Mortgage Professional.
Record low rates are dramatically changing the nature and the frequency of broker buydowns, say industry players pointing to the bottom line.
A leading think tank is proposing changes to the mortgage default insurance industry, including building a reserve fund – but at what cost to clients?
They’re in the news once again: Homes known to formerly house marijuana grow-ops are frustrating brokers and homeowners alike, and the latter has taken to MortgageBrokerNews.ca for help.
Growing housing prices are drawing more broker attention to HELOCs, especially in the wake of ever-increasing household debt.
Speculation has begun to swirl prior to the next Bank of Canada rate meeting, with one economist vehemently arguing against further cuts.
A new broker network was recently launched and it hopes to offer big bank services.
Brokers are increasingly frustrated by credit check inaccuracies, and one industry player has proposed an easy solution.
One broker has lost a large chunk of business to the big banks, after his preferred lender started refusing to do one type of deal.
Have the mortgage rule changes been all for naught? One broker believes so, arguing they have actually caused a heating effect.
Brokers are split on what effect one recent government rule change will have on the instances of fraud in the real estate industry.