One market has reduced land transfer taxes for first-time homebuyers
Despite the glut of condo developments expected to sprout in the next five years, a new report states Toronto’s condo market will experience a “soft landing.”
Canadian Mortgage Professional announced Thursday that “Seven Habits of Highly Effective Mortgage Brokers,” will be opening keynote for the 2014 Canadian Mortgage Summit. Click here to register for the event.
The Governor of the Bank of Canada, Stephen Poloz, stated Monday the central bank will now consider “anecdotal evidence” along with economic data when making its decisions; an approach that one leading broker believes will not aid in considering global effects on the Canadian economy.
A leading lender has entered the single family mortgage market in two major Canadian cities, offering brokers more options.
A study released Tuesday, indicating a healthy mortgage industry, may stop Finance Minister Joe Oliver in his tracks
They are becoming more popular but brokers are divided on whether reverse mortgages are the best option for aging clients looking to take advantage of equity in their homes.
Business has slowed for Quebec-based brokers as potential home buyers wait with bated breath for the result of its April 7 election before committing to stay in the province.
Syndicated mortgages are becoming an increasingly popular alternative revenue stream and one broker has made this type of investment his number one source of revenue.
It didn’t take long for Finance Minister Joe Oliver to weigh in on the mortgage industry, stating he will be keeping a watchful eye on the market.
Brokers are of two minds when it comes to cancellation fees, with the industry appearing divided on whether or not they think such requirements are the best way to recuperate time lost on flighty rate shoppers.