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One leading Ottawa broker isn’t convinced the city's condo market will heat up, despite optimistic reports from the Canada Mortgage and Housing Corporation.
Opinions diverge on how best to advise clients with little or no credit.
Leading brokers discuss female representation in the mortgage industry – an increasingly important topic that CMP is set to discuss in its upcoming Women of Influence issue.
A decline in housing starts in 2014 is expected to cause a soft landing across Canada, according to the Canada Mortgage and Housing Corporation’s second quarter housing outlook, released Thursday.
Millennials may actually have more financial advantages than their parents, despite constant reports to the contrary. Except when it comes to purchasing a home.
Commercial mortgages are an increasingly lucrative business and these latest Canadian statistics may draw a few more players to the game.
Industry players are frustrated by the lack of options for self-employed clients but the best way to navigate this area, according to one broker, is to assemble a solid stable of a few lenders willing to go the extra mile.
Reports of Investor Group’s recent 1.99 per cent three year variable rate “shaking” the industry weren't exaggerated, with lenders being caught off guard and scores of clients inquiring about similar products.
Overall, eight provinces saw year-over-year sales drops in April 2014 but big gains in two major softened the blow for the rest of the country.
The Canadian Mortgage and Housing Corporation (CMHC) appears to be conceding the death of its high-ratio refinancing.