Not only is closing mortgage deals about to get harder, it's also going to become more time-consuming than ever before, and that might cause part-time agents and brokers to jump ship
An index of consumer confidence has held steady for the second week in a row.
It’s not just brokers who scoffed at one financial organization’s recommendations for an overhaul to the Canadian financial system, after one former bank executive provided his own criticism.
When it comes to improving the overall professionalism and education of the industry, one broker has suggested adopting an apprenticeship model.
Be most effective by focusing on the more important contacts.
Last year saw a surge in construction of rental units according to real estate brokerage CBRE.
The ageing population is creating new challenges and new opportunities in the housing market.
The next year is expected to see a surge in renters deciding to buy a home in the US according to the latest Zillow Housing Confidence Index.
David McKay, chief executive of the Royal Bank of Canada, believes consumer demand is roughly in line with supply, particularly after housing starts dipped 16 per cent last month.
The move is having a positive impact on broker business, but one analyst believes Stephen Poloz’s decision to cut the overnight rate in late January will negatively affect the economy.
Lenders often offer incentive programs to high-funding brokers – including trips around the world – but is this one example taking it too far?