GDP falls; real estate industry partly to blame
Canada’s real gross domestic product (GDP) fell 0.1 per cent in January due in part to sagging construction and diminishing output from real estate professionals.
Banks playing the broker game?
At least two big banks are finally taking a page out of the broker playbook and focusing on product features instead of rate.
Calgary, Toronto slip down prosperity rankings but still high-fliers
Calgary and Toronto have slipped slightly in a league table of international prosperity but both outrank the rest of North America.
Could Amazon’s new venture benefit mortgage, real estate agents?
Amazon has announced a new venture which gets the company involved in people’s homes in a way that it hasn’t before.
Report suggests federal tax cuts will be offset by provincial hikes
The federal tax cuts will leave less money in your pocket than you may have been expecting according to a BMO report.
Canadians don’t save regularly, mortgage payments no problem
Canadians are not well placed to cope with changes in the economy because they lack savings.
Survey finds more “financially healthy” Canadians, homebuyers
A new survey has found that the majority of Canadians feel financially healthy, with 70 per cent of homeowners having no problems in reaching their monthly mortgage payments.
8 secrets road reps told MBN
A high-volume road rep at one of the Big Five is sharing a laundry list of secrets with MortgageBrokerNews.ca, including just how many deals he loses to brokers and the real reason why mortgage specialists return to the bank after a stint in the broker channel.
Competing rate site picks up slack after rate removal
A broker may have had his record-low rate snubbed by RateHub, but a competing rate site plans on listing it as long as the product is on offer.
Final CMA finalists announced
The largest awards ceremony in the industry is quickly approaching, and we’ve got your final list of nominees, including brokerage, broker, and network of the year.