BoC: Canada’s economy in line with previous report
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.
Brokers on bank rate
Although it wasn’t quite unanimous, brokers have come to a consensus about what move the Bank of Canada will make later today.
Purpose-built rental trend in the offing
A new condo trend is currently underway in Toronto, creating questions that have yet to be answered for owners, brokers, and agents.
Trump advisor sees opportunity in Canadian market
Donald Trump’s top advisor is incredibly bullish on Canada’s housing market – but only in the long-term.
CMHC forecast: All is not equal across country
Brokers can expect stable housing markets for the rest of the year with starts expected to moderate in 2015 and 2016 according to the Canada Mortgage and Housing Corporation (CMHC).
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.