Latest news

  • Former bank employees find new home in broker industry

    Former bank employees continue to flock to the mortgage broker industry, with the latest defectors finding a new home with Canada’s largest broker network after gaining experience with a rival network for a year.

  • Daily Market Update

    CMHC figures support a soft landing… House prices up again in July, except in Winnipeg… Could we be about to see wooden skyscrapers?… And why 45-64 year olds are a ‘sandwich generation’?

  • Get interactive: Do you know your cultural profile?

    A new test can help avoid cultural misunderstanding holding back your business in Canada’s increasing diverse mortgage industry.

  • Experts split on rate outlook

    Will there be a rate fluctuation in the next 30-45 days? It depends who you ask.

  • Booming 2014 to give way to moderated 2015?

    ​CMHC forecasts gradually improving economic conditions in Canada in 2014 and 2015; though it also predicts a moderation in housing starts, according to its latest quarterly Housing Market Outlook report, released Wednesday.

  • Daily Market Update

    Economists suggest level of housing starts is unsustainable… Banks see decline in insured mortgages… Lying on loan applications is OK!… Condo King says foreign ownership is 50 per cent of the market…

  • ​FSCO warns about unlicensed Toronto-based ‘broker’

    The Financial Services Commission of Ontario (FSCO) is warning mortgage consumers and industry players not to conduct business with Mortgage Approval Canada and Mortgage Approval Centre, both of which are not licensed to broker business in Ontario.

  • ​Lenders forcing investors to move into commercial

    More landlords are selling up their single-family homes to get over the increasing obstacles imposed by lenders, according to investors.

  • CMHC crunches condo ownership breakdown

    Brokers and industry professionals have often wondered what percentage of condos in Canada’s two biggest markets are owned by investors and the data has finally been compiled.

  • Daily Market Update

    Housing starts up slightly in July… Consumer confidence drops, largely on real estate… Trio of cities jostle for place as Canada’s wealthiest… And the tax efficient way for parents to help their kids buy a home…