Finance Minister Charles Sousa says the upcoming spring budget will include a package of measures dealing with housing affordability
Insurance Bureau of Canada reports that the preliminary estimate for insured damage caused by heavy rains and flooding in the Burlington, Ontario area in early August was just over $90 million, according to Property Claim Services.
The very suggestion will rile Canadian brokers, but a growing number of their global counterparts are facing calls for a ban on upfront commissions – a way of better protecting loan quality.
The decline of CMHC’s insurance in force has industry players speculating about the need for another player to enter the market.
Real estate agents are undeniably a great source of referrals for brokers, but getting the best of the industry to work with you takes more than a phone call and a handshake.
It seems to be an inbuilt part of the human psyche that draws us to the sea; not necessarily in it but certainly within view.
Times are changing; when once condo owners wanted cool cafes and bars nearby, now the thrifty Canadian homeowner wants to be able to pick up groceries without too much of a journey.
Experts say that if a home is older than the 1990’s then there’s a fair chance of asbestos being present somewhere.
While many have called for CMHC to leave mortgage insurance in the hands of private corporations, one industry player believes relying solely on the free market to limit exposure could lead to economic problems.
Good rates in the spring can be thanked for an influx in broker business but is the trend set to continue?
Managers of Reddit: What was the most ridiculous, most exaggerated excuse an employee gave that turned out to be true?