Justin Da Rosa is a journalist with Canadian Mortgage Professional.
Over two years of discussion has resulted in the formation of the Canadian Mortgage Brokers Association – a national group bringing together provincial players.
One developer’s rate-buydown promotion resulted in hundreds of sales in mere minutes; are we bound to see more of these promotions?
With oil prices slightly rebounding, can Alberta-based brokers expect business to follow suit?
Brokers, better get scrappy. Regulatory changes in another sector are threatening to draw more players into mortgage brokering despite the soft market.
Brokers aren’t ready to give up without a fight: Several industry players share their thoughts on winning back market share.
The federal government decision to step in with tighter mortgage rule changes may increasingly rest on the performance of one market now raising alarm bells.
Brokers now know what the near future holds for rates -- following the Bank of Canada’s decision to hold its overnight rate at ¾ per cent – but what can they expect in the longer-term? Several big bank economists weigh in.
If the answer is “yes,” shouldn’t their compensation model be the same. A number of industry players think so.
Brokers may be disappointed that the BoC refrained from moving its key rate lower, but the decision may speak volumes about the market’s health or lack thereof.
The economic assessment published with today’s overnight rate decision is providing brokers insight into the market for the rest of 2015.