Big bank makes major change to broker program
In what one industry player is referring to as a “great example of bank greed,” one big bank has tacked on a monthly fee to one of its most popular programs among brokers.
CMHC concerns spark debate
Readers are debating mortgage debt versus consumer debt after the CMHC released previously confidential remarks about its concern for the housing market, but is it time to finally put that discussion to bed?
Far-out Friday: Agency builds rollercoaster in home
People put a lot of time and money into prepping their house for a sale but agency in Europe may take the cake.
Collateral charge debate heats up
The lack of transparency surrounding collateral charge mortgages at one big bank has sparked furious debate among mortgage brokers.
Industry reacts to Bank of Canada rate
Following the central bank’s move to maintain its overnight rate, industry professionals across the country are already speculating about the effect the move – or lack thereof – will have on broker business.
Bank of Canada announces overnight rate
There has been much speculation since the Bank of Canada’s surprise rate cut in late January, but have the predictions come true?
Panel predicts future of rates
Just prior to the Bank of Canada’s rate announcement four industry leaders predicted where rates will go within the next 30-45 days, and a consensus was reached.
Big bank tested on collateral charge transparency
CBC’s Marketplace went undercover to one big bank to see how transparent it was about collateral mortgages and the fine print associated with them.
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.