With the ouster of Martin Reid as the channel lender’s president and CEO, shareholder Bonita Then takes his spot. These are five facts brokers need to know
Some brokers are pointing to real concerns for those borrowers opting for Meridian’s 1.49 per cent offer – their objections having little to do with personal concerns about the lender’s sales strategy.
Brokers hoping for another gift from the Bank of Canada at Wednesday’s rate announcement may be out of luck, if experts pointing to new economic data are correct.
Two reports this week show the different states of commercial real estate markets in Calgary and Ottawa.
Job security and real estate prices are two key elements of consumer confidence that are trending higher according to weekly figures from Bloomberg/Nanos Research.
Whenever mortgage rates are cut there are negative reports that claim that lower rates leads and irresponsible lending are creating a household debt ‘time bomb’.
With a leading lender’s refusal to offer its broker partners access to a record-low rate promotion, some players are suggesting a boycott.
It was a bold rate prediction made by a solid source, but one that has already been shot down by the channel’s leading economist.
Housing starts in one province have increased by 83 per cent year-over-year, according to new figures.
When the Bank of Canada releases its latest monetary policy report this week mortgage lenders will be looking for any hints that could suggest an interest rate cut.
Data released on Friday suggests that Edmonton is avoiding the worst impact of the oil downturn in Alberta.