News

  • Last chance to participate in Brokers on Lenders Survey by CMP | 14 Aug 2014

    CMP’s Brokers on Lenders survey has been extended until Friday, August 15 to allow any tardy brokers to have their say and join the chorus of their peers who have already weighed in on the issues facing their lending partners. read more

  • Former bank employees find new home in broker industry by Justin da Rosa | 14 Aug 2014

    Former bank employees continue to flock to the mortgage broker industry, with the latest defectors finding a new home with Canada’s largest broker network after gaining experience with a rival network for a year. read more

  • Daily Market Update by Jamie Henry | 14 Aug 2014

    CMHC figures support a soft landing… House prices up again in July, except in Winnipeg… Could we be about to see wooden skyscrapers?… And why 45-64 year olds are a ‘sandwich generation’? read more

  • Get interactive: Do you know your cultural profile? by MBN | 13 Aug 2014

    A new test can help avoid cultural misunderstanding holding back your business in Canada’s increasing diverse mortgage industry. read more

  • Experts split on rate outlook by Jamie Henry | 13 Aug 2014

    Will there be a rate fluctuation in the next 30-45 days? It depends who you ask. read more

  • Booming 2014 to give way to moderated 2015? by Justin da Rosa | 13 Aug 2014

    ​CMHC forecasts gradually improving economic conditions in Canada in 2014 and 2015; though it also predicts a moderation in housing starts, according to its latest quarterly Housing Market Outlook report, released Wednesday. read more

  • Daily Market Update by Jamie Henry | 13 Aug 2014

    Economists suggest level of housing starts is unsustainable… Banks see decline in insured mortgages… Lying on loan applications is OK!… Condo King says foreign ownership is 50 per cent of the market… read more

  • ​FSCO warns about unlicensed Toronto-based ‘broker’ by Jamie Henry | 12 Aug 2014

    The Financial Services Commission of Ontario (FSCO) is warning mortgage consumers and industry players not to conduct business with Mortgage Approval Canada and Mortgage Approval Centre, both of which are not licensed to broker business in Ontario. read more

  • ​Lenders forcing investors to move into commercial by Jamie Henry | 12 Aug 2014

    More landlords are selling up their single-family homes to get over the increasing obstacles imposed by lenders, according to investors. read more

  • CMHC crunches condo ownership breakdown by Justin da Rosa | 12 Aug 2014

    Brokers and industry professionals have often wondered what percentage of condos in Canada’s two biggest markets are owned by investors and the data has finally been compiled. read more