Could this market be the next to implement a foreign buyer tax?
Two recent hires at one brokerage are expected to grow sections of the Ontario market and smooth the real estate transaction process.
Forget shorter amortization periods: One broker believes a mortgage grace period would be more beneficial for first-time buyers.
Industry professionals have long felt foreign investors are inflating Canada’s market, but that may not be the case.
Paper-based systems have long been a thorn in the side of those who are responsible for the management of real estate fund transfers – so one company decided to do something about it.
One industry association is lobbying for longer amortization periods for first-time homebuyers, but brokers aren’t exactly sold on the idea.
It’s praise brokers may feel they don’t get enough of, but one lender is commending how brokers have handled mortgage rule changes.
With high expectations of second quarter growth in net income, one mortgage company expects portfolio growth from the funding of mortgage commitments.
These are the cardinal sins that all business owners commit when it comes to marketing. Take heed or repent at leisure!
The Coalition of Independent Mortgage Brokers of Canada (CIMBC) caused a stir among industry players when it was launched in late 2014, and it has since won valuable lender support.