Latest news

  • Daily Market Update

    Despite a rise in inflation and some slow growth figures for the first quarter of the year, interest rates are unlikely to change on Wednesday…. CMHC market share falls…. And why homeowners should protect the title to their properties….

  • Brokers must 'outsmart' banks

    The key is to “outsmart” the big banks, according to one broker, following one institution’s ad campaign plugging its lowest five-year fixed rate in recent memory.

  • Highlights from CAAMP's report

    CAAMP released its spring consumer report Thursday, which paints an optimistic picture of the current housing market; especially in the eyes of home buyers.

  • Broker doesn't like first-time buyer trend

    First-time home buyers are putting off purchasing a principle residence in favour of first buying investment properties in cheaper markets, says one broker; but one of his peers isn’t convinced this is the best move.

  • Daily Market Update

    New figures show consumer confidence is creating first time buyers… does an interest rate rise mean falling prices?... the Calgary bidding war…and why BC may not be the place for smokers….

  • Rate war reignited; brokers not intimidated

    ScotiaBank is the latest lender to offer a sub-three per cent mortgage rate but one broker doesn’t feel threatened by the latest offering; even though he does realize it will bring in a fair amount of business for the big bank.

  • Broker raises issue with RBC's points program

    It’s RBC’s points program – and not the recently announced $1,000 cash incentive for realtors who refer clients for a mortgage – that one broker has an issue with.

  • Vancouver sellers beginning to fret

    Vancouver home sellers are beginning to panic that they may be sitting on their luxury properties for a long time.

  • Daily Market Update

    Another shake up in mortgage rates, with a new low in 5 year fixed deals…. Stats Canada reveal 2011 Census data…. And why Toronto developers have rushed to secure building permits….

  • Broker not threatened by big bank incentive

    Brokers may view RBC’s newly-minted mortgage incentive program – that offers realtors a bonus for referring first-time home buyers -- as a sign that the broker channel has the bank worried about market share.