Brokers prepare for rate announcement
With another rate announcement around the corner, what are brokers expecting and how are they planning to capitalize on whichever decision the Bank of Canada makes?
Completed and unabsorbed units hit highs
In a trend that is not unique to Canada’s hottest housing market, construction and unabsorbed housing units increased across the country in January, according to the latest report released by CMHC.
Brokers question foreign investment
Brokers are questioning how much foreign investment is expected to flood the Canadian housing market, despite one prediction from a major economist.
Knowing credit unions’ limitations
Credit unions are slowly earning their chunk of the mortgage market, but brokers warn of the potential pitfalls of not knowing the limitations and carefully reading the fine print.
Poll results: Banks vs. Monolines in the porting debate
When it comes to porting a mortgage one type of lender reigns supreme, according to a recent poll.
Banks set sights on condo market
The slight lull in one of Canada’s largest condo markets may soon come to an end, with the big banks refocusing on lending in that very segment.
Brokers report different struggles
Brokers are still struggling with self-employed clients for a number of different reasons.
Foreign investors to flood housing markets?
Many of Canada’s foreign investors hail from China, but political uncertainty in other parts of the world could bring a wave of investment from two countries in particular.
Condo sales plateau in major market
Toronto hit a decades-old record for unsold condo units this January, as supply continues skyrocket. But what will this mean for prices and the health of the housing market as a whole?
Network adds economist to its ranks
In a first for the industry, one major broker network has added an in-house economist to its team.