News

  • Are Realtors soon to be obsolete? by Jamie Henry | 25 Jun 2014

    The need for an agent in the selling process is dead. Or so believe many investors who are getting their lawyers to do the hard work. But how do brokers feel about this new trend? read more

  • Daily Market Update by Jamie Henry | 25 Jun 2014

    Recreational property showing improving signs, despite CHMC change….. Economist says it’s too soon to relax on housing bubble…. Calgary’s East Village set to be hot market…. And mixed-use developments may all be very similar, but with good reason…. read more

  • Bank: rate hike looming by Jamie Henry | 24 Jun 2014

    Another major bank has joined the chorus of pundits forecasting a cooling period for Canada’s housing market as well as a hike to record-low mortgage rates. read more

  • Big bank sees error in its ways by Olivia D'Orazio | 24 Jun 2014

    Scotiabank offered its apologies and waived the $7,000 in fees that it applied to an injured soldier who broke his mortgage contract to move back to his home in New Brunswick. read more

  • Daily Market Update by Jamie Henry | 24 Jun 2014

    Another record breaking month for Calgary’s luxury market... Canadian consumer confidence at lowest point in almost a year... Ottawa opens up the mysteries of pre-planning meetings... and Scotiabank do the right thing for military vet. read more

  • Brokers lament lender wait times in wake of low rates by Justin da Rosa | 23 Jun 2014

    The spring season has seen rates drop to record lows and while the trend has bolstered broker business, it has also caused a back-log of files at a number Canada’s lenders. read more

  • Appraisers fire back at brokers by Justin da Rosa | 23 Jun 2014

    Real estate appraisers took to the comments section of MortgageBrokerNews.ca to explain -- and defend – the appraisal process following critical comments from mortgage brokers. read more

  • Daily Market Update by Jamie Henry | 23 Jun 2014

    Joe Oliver says again that he is not concerned by hot market… How a local disaster can flatten the housing market for some time afterwards as reconstruction and memories are slow to fade. The modern dilemma, buy now or wait and risk being priced out... And the perils of owning on leased land… read more

  • Brokers: Banking double standard regarding wait times by Justin da Rosa | 20 Jun 2014

    Brokers are frustrated by increasingly lengthy processing times when dealing with the banks – especially when those same banks expeditiously approve broker clients in-branch. read more

  • Far-out Friday: Homes purchased with bitcoin by Jamie Henry | 20 Jun 2014

    Two London homes are apparently being purchased with bitcoin, according to an MSNBC report. read more