Broker discusses lender aversion to micro condos
Micro condos may be one of the biggest Canadian real estate trends on the horizon, but financing continues to be an issue. One broker explains why.
New program helps broker clients choose a neighbourhood
A new website aims to help potential homebuyers make one of the most important decisions when buying a home – which neighbourhood to live in -- and its founder believes mortgage brokers offer "major opportunity".
Alternative market share hits record highs
Alternative lenders’ market share has grown to record levels in 2014, according to new data from one major bank.
Exclusive: CMHC chief economist weighs in on foreign condo investment
For the first time, CMHC released data on foreign condo investors in Canada Wednesday and in an exclusive with MortgageBrokerNews.ca, a CMHC economist shares some details behind the methodology used.
CMHC releases foreign condo investment stats
In a first for CMHC, the Crown corporation has asked property managers to disclose the percentage of units owned by foreign investors as part of its Rental Market Survey.
Finance Minister discusses potential measures
Finance Minister Joe Oliver, who is currently in meetings with his provincial finance minister counterparts, has said the government may take steps to rein in an overvalued housing market.
No crash on the horizon, according to major source
Another day, another opinion about a potential housing crash is voiced; this time, however, it’s optimistic and the source is influential.
BoC joins the housing overvaluation discussion
The Bank of Canada has developed a new model to determine the overvaluation of housing prices in Canada and has, for the first time, provided its own estimation.
A tale of two markets
A weakened Canadian dollar will benefit buyers and brokers in one major area but another will have to grapple with a slowing market.
Overbuilding fears assuaged
The number of housing starts have continued to surge toward the end of the year but one big bank economist assures Canadians we aren’t at risk of overbuilding.