Appraisers fire back at brokers
Real estate appraisers took to the comments section of MortgageBrokerNews.ca to explain -- and defend – the appraisal process following critical comments from mortgage brokers.
Brokers: Banking double standard regarding wait times
Brokers are frustrated by increasingly lengthy processing times when dealing with the banks – especially when those same banks expeditiously approve broker clients in-branch.
Brokers: CMHC refocus is misguided
Brokers have had time to let the Canada Mortgage and Housing Corporation’s (CMHC) recently announced priority shift to sink in and while some laud the crown corporation’s efforts, others believe it should be addressing more pressing concerns.
Brokers call for appraisal changes
Brokers who are frustrated by outdated and inaccurate appraisals are calling for a reform that will take into account other valuations when deciding the value of a home.
CMHC to get back to its roots
The Canada Mortgage and Housing Corporation (CMHC) will shift its priority back to its originally intended purpose: helping Canadians buy homes they can afford.
Brokers: Advising clients on new builds
Many buyers in hot housing markets across Canada choose to purchase new build houses and condos and with several of them encountering issues after contracts are signed, brokers have figured out keys to advising these clients.
Spring market heats up
Brokers in 80 per cent of Canada's markets likely experienced a recent surge in business as sales continued to heat up with the weather.
Oliver responds to calls for more housing regulation
Joe Oliver responded to the critics calling for more active participation from the minister in reining in housing industry and cooling mortgage rates.
Broker calls for government to change its focus
Home prices are at an all-time high and mortgage rates are at an all-time low, leading many pundits to wonder what, if anything, the Canadian government will do to rein in the industry. One leading broker has an idea that doesn’t involve regulation changes.
Brokers push back against industry trend
Rate discounting may be a necessity these days but many brokers are pushing back by drawing attention to the added value of advising clients about more than just rate.