Justin Da Rosa is a journalist with Canadian Mortgage Professional.
Are brokers powerless when it comes to insurers costing them deals?
It’s frustrating enough getting a deal approved by lenders but now insurers are increasingly rejecting even lender-approved deals.
CMHC has announced its lowest market share to date and it may only be a matter of time before the use of default insurance industry shrinks altogether.
New data provides optimistic news for broker market share, despite contrary evidence provided by CAAMP in late 2014.
New data points to a growing trend among homebuyers and brokers who aren’t cultivating an online presence are being left behind.
Pompous, elitist, snobbish? Those are a few words some would use to describe a group of Torontonians fighting back against $500K homes in their million-dollar ‘hood.
Brokers in one major market are noticing more conservative lending practices among monoline lenders, forcing players to send more deals to the banks.
Condo owners – and buyers -- are about to receive more clarity about their rates. This is what brokers need to know.
As expected, the Bank of Canada held its overnight rate at 0.75 per cent Wednesday, but it also commented on the state of the economy.
Although it wasn’t quite unanimous, brokers have come to a consensus about what move the Bank of Canada will make later today.