Pricy properties hit the market following last month’s Ontario mortgage plan
At a time when lenders are increasingly focusing on alternative lending, one major player – known for its alternative offerings – has announced new prime products.
The Bank of Canada announced Wednesday it will maintain its target for the overnight rate; days before the fourth anniversary of BoC upping it to one per cent.
There’s always more work to do, but there’s also more life to be enjoyed outside of work.
The chief risk officer for Canada at Toronto-Dominion Bank says that overbuilding of condos is a risk to the housing market.
Figures from the Calgary Real Estate Board show that the market was still vibrant in August, with MLS sales increasing for the 17th consecutive month.
Officials in Edmonton are planning improvements to the information that is available regarding development plans.
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.