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A major broker gripe about a big bank mortgage policy has finally been addressed by Finance Minister Joe Oliver and more transparency about the practice is forthcoming.
At a time when lenders are increasingly focusing on alternative lending, one major player – known for its alternative offerings – has announced new prime products.
Careful consulting at the beginning of a rent-to-own deal is key to ensuring underwriting guidelines are met, say brokers and industry professionals.
Home buyers lie on their loan applications and ten per cent of Canadians believe it’s acceptable to do so.
One reader believes variable rate mortgages will continue to be the best option for clients going forward, following one big banks market forecast for 2015.
Following broker scepticism, the Canada Mortgage and Housing Corporation (CMHC) clarified the survey method used to determine what percentage of condos in Vancouver and Toronto are owned by investors.
One leading broker is accusing a competitor of using his name to attain leads through Google’s ad services.
Summer is quickly coming to a close and many brokers are thinking of taking some much needed time off; but with today’s technology is it possible to truly take time away from the office?
Let’s face it: cell phones these days are tiny computers that make it almost impossible to leave work behind at the office. We’re connected 24/7, expected to respond almost immediately to every inquiry – even if they are received at midnight or, dare I say, while we’re on vacation.
According to CREA’s monthly national statistics sales edged up less than one per cent from June to July, continuing a trend begun in spring.