Justin Da Rosa is a journalist with Canadian Mortgage Professional.
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.
What effect will one major mortgage insurer’s new guidelines have for brokers and their clients?
Comparing the Canadian and American markets may be akin to apples and oranges, despite critics fearing a similar downturn at home.
Forget shorter amortization periods: One broker believes a mortgage grace period would be more beneficial for first-time buyers.
Industry professionals have long felt foreign investors are inflating Canada’s market, but that may not be the case.
One industry association is lobbying for longer amortization periods for first-time homebuyers, but brokers aren’t exactly sold on the idea.
It’s praise brokers may feel they don’t get enough of, but one lender is commending how brokers have handled mortgage rule changes.
The Coalition of Independent Mortgage Brokers of Canada (CIMBC) caused a stir among industry players when it was launched in late 2014, and it has since won valuable lender support.