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Topic & Comments
Brokers back up rhetoric with business by Donald Horne | 2013-03-05 6:04:08 AM

New market share numbers suggest brokers are backing up their rhetoric about preferring to use monolines over the big banks as never before.read more

FirstLine deals a blow to CIBC profits by Donald Horne | 2013-03-02 9:08:37 AM

CIBC’s decision to limit broker originations to its own network following the closure of FirstLine is now reflected in its bottom line, specifically its Q1 results.read more

IRD calculators gaining popularity by Donald Horne | 2013-03-02 5:03:28 AM

Brokers can warn clients about the pitfalls of IRDs and penalties, but it is a bit like leading a horse to water. read more

Mortgage rates by | 2013-03-01 4:36:01 PM

i hope you guys noticed about the recent changes in the mortgage industry.So please be careful before investing and also suggested to make sure about the mortgage rates before investing.Please choose your mortgage broker wisely and go for highly rated brokers like safebridge financial. If interest rates remain low, income continues to rise, and prices stabilize this year – as we anticipate – fears of a deep housing correction should recede,” BMO senior economist Sal Guatieri wrote in that report. But he urged policy makers to “remain vigilant,” pointing to a number of major exceptions, namely the markets for detached homes in Vancouver, Toronto and Victoria, each of which are vulnerable to a significant correction if incomes fall or rates rise. for more details http://www.theglobeandmail.com/report-on-business/economy/housing/low-mortgage-rates-muster-slight-boost-in-housing-market-affordability/article9011865/ Please go through the link and lets see what's gonna happen with the mortgage rates within the industryread more

10-year fixed increasingly easy and lucrative sell for brokers by Donald Horne | 2013-03-01 11:14:42 AM

Scotia has joined other lenders in presenting a special offer on 10-year fixed mortgages, widening the smiles on brokers now facing a surge in clients interested in longer terms as a hedge against the eventual spike in rates.read more

Broker: clients need 24 hours to read fine print by Donald Horne | 2013-02-26 6:27:40 AM

If a home is the biggest purchase clients will ever make, they should at least be given a chance to read the documents they’re asked to sign, says one industry veteran, pegging that interval at 24 hours.read more