Could this market be the next to implement a foreign buyer tax?
Sometimes the only option to close the deal is the one most brokers push back against at almost all costs.
Brokers across Canada will have even more funding options, following the announcement that one major lender is expanding its network.
Brokers operating in an increasingly lucrative segment are in for a busy year, according to one major company operating in the space.
Here are six ways to re-ignite the workforce fire.
TD economists are predicted a fall in house prices of around 10 per cent over the coming year in Canada’s oil capitals of Calgary, Edmonton and St. John’s, Newfoundland.
Canada’s largest private mortgage insurer says it is expecting losses from Alberta this year and is increasing its scrutiny of new applications.
The rates that homebuyers south of the border are paying for home loans have increased after hitting a 20-month low.
It’s not a widely used model but there are a steadily increasing number of condo developments that are run as co-operatives instead of the traditional set-up.
As if collateral charge mortgages needed another knock against them, one broker is having trouble refinancing those clients who find themselves in an uninsured collateral charge product.
In late December FSCO issued a warning about an unlicensed broker operating in Ontario, which it has since rescinded. However, the commission has also provided a reminder to brokers about one rule for advertising.