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Topic & Comments
First National drops 35-year ams by | 2012-04-05 3:16:06 AM

Brokers looking for 35-year amortizations on conventional mortgages for their clients have one less place to turn to with the announcement by the broker channel’s second-largest lender by market share that it is eliminating the product from its stable of more

Canadians say they are ready for a rise in interest rates by WM | 2012-04-04 10:34:55 AM

While most Canadians say they could handle rising interest rates, 20 per cent indicated that a two per cent rise in rates would hamper their ability to afford their home, according to a new report. read more

Bankers sick and tired of the rate wars by Vernon Clement Jones | 2012-03-31 4:56:01 AM

Brokers exhausted by this latest battle in the rate wars will have time to nurse their wounds, with the big banks suggesting they’ve put down their weapons for now, if never really for more

All about the rate by | 2012-03-30 10:04:30 AM

I was just reading the latest issue of BrokerBiz more

Expert gremlins interrupt preapprovals rush by Vernon Clement Jones | 2012-03-30 7:40:20 AM

D+H was quick to resolve the issue – and all technical hands were indeed on deck. But brokers trying to push through a mountain of preapprovals ahead of today’s rate reset were, nonetheless, confronted by Expert technical problems that slowed and, at some points, blocked submissions more

Lender: BFS rates safe for now by Vernon Clement Jones | 2012-03-28 10:53:19 AM

The hasty retreat of A lenders from the NIQ space will certainly limit funding options for broker clients, but shouldn’t – despite growing fears – lead to a spike in borrowing costs, said a leading Alt A more

Flaherty to bankers: Pull the other one by Vernon Clement Jones | 2012-03-24 5:54:01 AM

The irony that bankers dangling some of the lowest rates in history are also asking Ottawa to tighten mortgage rules hasn't been lost on the Finance minister, now suggesting he'd rather sit more

Investment lending about-face hurts brokers by Caitlin Nobes | 2012-03-24 4:27:33 AM

Brokers relying on investor clients to shore up the bottom line are now watching as key lender decisions erode that once lucrative more