News

  • Not everyone caught off guard by BoC announcement by Jordan Maxwell | 22 Jan 2015

    After much talk about the inevitable rise of interest rates, The Bank of Canada shocked many – but not all -- by lowering the overnight rate from one per cent to 0.75 per cent. read more

  • 7 things you do that tell your client: "I don't care" by MBN | 22 Jan 2015

    Most of us care about doing our jobs well, and about the relationships we have with clients. But "The Energy Bus" author Jon Gordon says your actions might be sending the opposite message. read more

  • BoC cuts rate; when will mortgage rates follow? by Jamie Henry | 22 Jan 2015

    Yesterday’s interest rate cut by the Bank of Canada was not widely expected and has not been universally welcomed but it’s certainly got everyone talking. read more

  • Shadow lenders gaining ground but is it a bad thing? by Jamie Henry | 22 Jan 2015

    While the low interest rates will be good news for many homebuyers for those that are not able to obtain a mortgage through traditional lenders the ‘shadow’ banking sector is an increasingly popular choice. read more

  • Think Canada’s expensive? Try Venezuela by Jamie Henry | 22 Jan 2015

    Almost anywhere in the world the local population will say that the cost of living is too high but a new ranking shows that Canada is not even in the top 15 most expensive places to live. read more

  • BoC interest rate change: A surprise? by Justin da Rosa | 21 Jan 2015

    For the first time in over four years the Bank of Canada has changed its target for the overnight rate, which may come as a surprise to brokers. read more

  • Fraudsters get creative by Jamie Henry | 21 Jan 2015

    Brokers have come to expect warnings from FSCO about unethical behaviour in the mortgage industry, but this latest bulletin might just be a first. read more

  • New website could slash commissions by Jordan Maxwell | 21 Jan 2015

    A match-making website encouraging Realtors to bid for the right to represent a client is drawing mixed reviews from sales reps – could a similar version soon follow for brokers? read more

  • Toronto price gap between condos and houses widens by Jamie Henry | 21 Jan 2015

    Last year saw the gap between the cost of condos and houses in Toronto widen to a record high last year. read more

  • Boost to affordability in Calgary by Jamie Henry | 21 Jan 2015

    Those trying to afford a new home in Calgary have been given a boost by developer Partners Development Group which has offered 10 per cent of the homes in one of its latest condo buildings to Attainable Homes Calgary Corporation. read more