Latest news

  • Commercial experts give advice

    REMIC is offering a course on commercial mortgage brokering and MortgageBrokerNews.ca spoke with two of this year’s top-ten commercial brokers to get their advice for brokers interested in adding this increasingly lucrative business to their practice.

  • Canadians get serious about home ownership

    Buyers are working harder for longer when saving for a down payment and home ownership is still considered financially beneficial, according to a Canada-wide survey commissioned by Genworth Canada.

  • Your body language may be killing your deal

    You’ve got a great product and a convincing argument – so why is the client tuning out and saying no? It could be your body language, says an expert and bestselling author on the subject.

  • Lender denies client because of pregnancy: Broker

    One broker’s application was denied by the lender after he voluntarily disclosed his client's pregnancy.

  • Poll: Do brokers have the 'aptitude' for financial planning?

    There's a global debate brewing on whether mortgage brokers have the "aptitude" to add financial planning to their repertoires – a question doing little to stem the flow of players doing just that.

  • Broker calls for CMHC pre-approvals

    With all the talk about the CMHC potentially instituting risk-based insurance premiums, it’s another crown corporation policy one broker would like to see changed.

  • Brokers to benefit from credit union merger

    Two leading Ontario credit unions announced their amalgamation Friday; a move that will certainly cut into a chunk of big bank business and provide more options for mortgage brokers.

  • Housing market lacks sufficient data: Economist

    More data on the effects the housing market has on the economy is needed, according to one leading economist.

  • Risk-based CMHC insurance would benefit first-timers

    The Canadian Mortgage and Housing Corporation (CMHC) said it would be open to implementing risk-based default insurance and one leading broker believes the move could certainly benefit one type of home buyer.

  • Top 75 deadline quickly approaching

    The deadline for the Top 75 issue is quickly approaching so get your submission in today to ensure your consideration for the mortgage broker industry’s most coveted list.