News

  • Video series paying off for broker by Justin da Rosa | 24 Jan 2014

    One broker took a chance on a new video marketing initiative and it’s already paying out in the form of an increase in business leads. read more

  • Equifax report frustrates broker by MBN | 24 Jan 2014

    One broker is frustrated by negative Equifax reports that he believes aren’t a true indication of clients’ credit health. read more

  • Poloz: We have a competitive mortgage market by MBN | 23 Jan 2014

    The Governor of the Bank of Canada, Stephen Poloz, appeared on BNN’s Headline with Howard Green on Wednesday and proclaimed the Canadian Mortgage market is healthy. read more

  • Deflationary trends created by idling home sales? by Justin da Rosa | 22 Jan 2014

    Brokers may have been right all along in suggesting the government has simply been too aggressive in its efforts to slow down the real estate market, with growing speculation among economists that the BoC will soon have to fight deflationary trends, in part fueled by idling home sales. read more

  • Another call for region-specific mortgage regulations by MBN | 22 Jan 2014

    Nicolas Marceau, Parti Quebecois finance minister, is echoing similar sentiments to many mortgage brokers: That the Canadian mortgage regulations should be region-specific. read more

  • Former NFLer pleads not guilty to mortgage fraud by MBN | 22 Jan 2014

    A former NFL player and his mother have pleaded not guilty to participating in a $690,000 mortgage scam. read more

  • Should regulators focus more on unsecured debt? by Justin da Rosa | 21 Jan 2014

    New data on consumer debt has dredged up an old broker gripe: Regulators need to rein in the availability of unsecured debt and leave mortgage spending alone. read more

  • Experts: Rates to rise by MBN | 21 Jan 2014

    Experts agree mortgage rates will rise over the course of the next month, despite RBC cutting its rates by 10 basis points over the weekend. read more

  • RBC cuts mortgage rates by Justin da Rosa | 20 Jan 2014

    Fears that RBC’s latest move to whittle down its fixed rates will set off the kind of rate war BMO did in 2012 are largely unfounded, argues one broker, suggesting this latest cut is a “marketing ploy.” read more

  • DLC honours broker who passed away by MBN | 17 Jan 2014

    Dominion Lending Centres is honouring one of its own who passed away suddenly over the Holidays. read more