• Profits up, claims down for mortgage insurer by Justin da Rosa | 01 May 2014

    First quarter profits are up while claims and defaults are down for one of Canada’s leading mortgage default insurers. read more

  • Homes becoming more affordable: Report by Jamie Henry | 01 May 2014

    Canadian homes became more affordable in first quarter 2014, though affordability is still at a 25-year low, according to Desjardins’ Affordability index. read more

  • Bank bars broker from attaining financing for client by Jamie Henry | 30 Apr 2014

    One broker is frustrated by a major bank’s refusal to allow him to work with any client who had previously inquired about a mortgage at the branch level. read more

  • Poloz expects soft landing by Jamie Henry | 30 Apr 2014

    In his opening statement before the House of Commons Standing Committee on Finance Tuesday, Governor of the Bank of Canada Stephen Poloz reiterated his belief that Canada’s housing market is set for a soft landing. read more

  • Collateral charge mortgages have advantages: Broker by CMP | 30 Apr 2014

    One broker reiterates the positives of the much-maligned – and increasingly popular -- collateral mortgage product. read more

  • Network announces unsecured loan offering by Jamie Henry | 29 Apr 2014

    Centum Financial Group announced Tuesday it has struck a deal with easyhome Ltd. that will add unsecured loans to Centum brokers’ product offering. read more

  • Many brokers plan on hiring freeze by Jamie Henry | 29 Apr 2014

    Many brokers across Canada have decided not to hire new staff for the next 12 months but for some hiring an extra hand may provide the edge needed to grow the business in a particular market. read more

  • CMHC increase is unfair, say investors by MBN | 29 Apr 2014

    The new CMHC premium hike for default insurance – coming into effect this Thursday, May 1 – is unfair to those who want to make a profitable business, argues one investor. read more

  • Investor cautious about Canadian market by MBN | 28 Apr 2014

    Brokers may disagree but a noted American investor, who won big betting against subprime mortgages in 2007, now seems to be Bearish on Canadian housing, reports a Canadian financial website. read more

  • CMHC cuts two programs by Justin da Rosa | 28 Apr 2014

    The Canadian Mortgage and Housing Corporation (CMHC) announced Friday it is axing two of its insurance programs, signalling to brokers that the era of rule tightening isn’t quite over. read more