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Spate of buy-downs to follow BMO rate: Hugh
Vernon Clement Jones
29/07/2014 5:35:45 PM
Inexperienced agents will likely move to buy down their rates on a five-year fixed in order to compete with BMO’s well-publicized special, says one industry veteran, cautioning them against that move.read more
Economist inching closer to bearishness?
Justin da Rosa
29/07/2014 1:10:39 PM
One major economist has begun sympathizing with Canadian housing pessimists, though he isn’t ready to join their ranks just yet. Will brokers agree with his reasoning?read more
Broker: demolish marijuana grow-op houses
27/07/2014 11:53:44 PM
Brokers across the country are calling for complete disclosure when it comes to former marijuana grow-ops and one industry leader believes any house known to have formerly housed a grow-op should be demolished.read more
Self-directed RRSPs: a dying breed?
26/07/2014 7:41:50 AM
Banks have pulled back on their willingness to facilitate mortgage investment as part of self-directed RRSPs – a concern for brokers worried about shrinkage in alternative funding.read more
Brokers agree on payment plan
Justin da Rosa
25/07/2014 9:35:29 AM
Strangley enough, brokers are echoing the sentiments of a big bank and warning clients not to follow a recent trend.read more