Fixed vs. variable: The debate heats up
A long-stalled overnight rate has had brokers embracing the variable-rate mortgage but will a new forecast from a major bank convince them that fixed is superior, once again?
Player explains MICs to public
Brokers are increasingly turning to MICs to fund mortgages and one leading MIC provider recently explained this lending option to the public on a major news network.
Far Out Friday: Interviews that took a turn for the weird
Interviews normally follow a standard procedure with the odd twist and turn thrown in, however for some candidates the twists can drive the process into bizarre territory.
Street Capital announces new rental program
Increasingly, brokers are having difficulty securing mortgages for rental properties but one lender has added a new tool to the broker’s belt.
Broker's new mortgage site solves rate shopper problem
Brokers often lament the rate shopper who flees at the eleventh hour and one leading broker may have solved that problem by charging a hefty cancellation fee as part of his new self-directed mortgage shopping site.
Mortgages for family members: Not as reliable as once thought?
New brokers often count on family members to become their first clients but it may not be as reliable a tactic as once thought, according to one industry professional who offers advice on securing these important deals.
CMP's top independent brokers
CMP is putting its finishing touches on its top independent brokers in Canada feature but before we close this chapter, we want to hear from our readers.
Broker extolls new model
One broker is embracing a new model that he hopes will aid in retention and set him up for retirement; but is he forsaking the proud pillar of the industry: Independence?
Broker warns potential effects of Ukraine crisis on Canadian housing
This may give brokers a good excuse to more closely follow world issues, as one broker warns about the potential ramifications the Ukraine crisis may have on the mortgage and housing industries.
Toronto brokers in for a tough 2014/2015?
Toronto brokers may feel the pinch over the course of the next two years, with the GTA’s housing market expected to feel the effects of interest rate increases, according to a TD economic report.