Justin Da Rosa is a journalist with Canadian Mortgage Professional.
The Governor of the Bank of Canada Stephen Poloz has gone into damage control mode, defending the bold actions carried out by the BoC in January when it shocked the market with a rate cut.
In a comprehensive study of condo markets across Canada, Genworth and the Conference Board of Canada are predicting a soft landing in most cities, with some expected to see more significant price drops.
With regulations around bidding wars about to change, one broker has developed a program he believes will revolutionize the real estate industry and make the homebuying process much more transparent.
One broker is giving bank mortgages a good ribbing with a video that’s gone viral and stirred some leads.
One monoline lender is offering a new product specifically aimed at clients who are willing to sacrifice certain mortgage privileges for lower rates.
In the wake of one bold housing crash prediction, brokers are questioning the methodology one analyst used to arrive at his dire conclusion.
It’s a controversial stance, but the analyst predicting a 40-50 per cent price correction explained how he arrived at his dire estimation.
CanWise Financial has opened its third office in less than a year since foundation and the company has enjoyed marked growth in that span.
It’s all ado about nothing, according to brokers who don’t believe the big bank’s rate cuts warrant all the media coverage they’re getting, after two big banks make record rate moves.
You’ve heard of brokers buying down rate but how about developers? One is offering a promotion that will allow clients to pay as little as $1 per day to live in its upcoming condo development.