Could this market be the next to implement a foreign buyer tax?
One big bank’s ongoing solicitation of real estate agents for referrals is frustrating brokers, who see it as a ploy to move mortgage business into the branch.
Recently released data by one big bank points to Canadian preferences for mortgage products points to a need for more education among homebuyers, suggests one broker.
Brokers in this one main market enjoyed a booming start spring, despite previous worries of a market downturn.
Some households are carrying too much mortgage debt even if the housing market remains stable.
The sharp rise in Canadian government bonds is likely to push mortgage rates higher in the coming weeks.
A Conference Board report says that Vancouver, Toronto and Halifax will outperform other Canadian cities thanks to a weak Canadian dollar and growth in the US economy.
New financial results for Counsel Corporation which includes mortgage lender Street Capital show strong growth in the company.
One broker and a few industry players are facing criticism for co-opting a social media campaign and trying to help Vancouverites afford housing.
The good times might be coming to an end for homebuyers – and brokers – if this panel of experts is correct with its rate prediction.
The best of the spring market may be behind brokers, according to recently released data.