HELOCs and household debt
Growing housing prices are drawing more broker attention to HELOCs, especially in the wake of ever-increasing household debt.
Economist cautions BoC
Speculation has begun to swirl prior to the next Bank of Canada rate meeting, with one economist vehemently arguing against further cuts.
Are renewal commission plans here to stay?
When brokers asked one lender if they were planning on keeping their renewal commission plan, the answer was a simple one.
Top five ways to retain your top talent
What can you do to retain the brokers who are most critical to the success of your business? Here are five tips to consider.
New broker network in town
A new broker network was recently launched and it hopes to offer big bank services.
A solution for credit check frustrations
Brokers are increasingly frustrated by credit check inaccuracies, and one industry player has proposed an easy solution.
Time for rates to move up: broker
With Toronto house prices topping more than $1 million, one mortgage broker says now is the time for a rise in interest rates.
Broker bested by big banks on certain deals
One broker has lost a large chunk of business to the big banks, after his preferred lender started refusing to do one type of deal.
An opportunity lost?
It’s too late to cash in on one potential business surge that many brokers expected, following recent events that could have a world-wide impact.
Resale certification smooths out closing bumps
Resale homes can get hung up during the final inspection stages of a sale, creating headaches for everyone involved – including brokers; but one company is now certifying that process to ensure a smooth transition.