Latest news

  • Brokers debate: How much control should government have over market?

    Following one industry professional’s argument that Finance Minister Joe Oliver should interfere in the mortgage lending industry, two brokers debate the role of government in regulating the housing market.

  • Broker tips for cottage properties

    The cottage real estate market is heating up along with the weather and brokers may be getting more inquiries from clients about purchasing these recreational properties. But are they prepared to answer all the questions?

  • Daily Market Update

    Hot housing market increasing inequality says OECD…. Rents high, vacancies low says CMHC report…. Analysts do not think we’re in real danger of a market crash… and what adds $1000 to the cost of a new home?

  • Oliver's hands-off approach bad for the industry?

    Brokers often lamented former Finance Minister Jim Flaherty’s willingness to tinker with mortgage rules and regulations but one industry professional believes current minister, Joe Oliver’s laissez-faire approach could have disastrous effects.

  • Brokers discuss client disclosure and credit unions

    Credit Unions are quickly gaining market share and favour among brokers with their competitive rates but industry players realize proper client disclosure is required.

  • CMHC details buyer trends

    The Canada Mortgage and Housing Corporation (CMHC) completed an online survey of 3,584 recent mortgage consumers to determine current trends, some of which may surprise brokers and make them re-think how they market to home buyers.

  • Daily Market Update

    The annual Spring Rental report is due this morning from CMHC….should the government be doing more to protect the market from a hard landing? …. And if you want a condo in Calgary, you better be quick !

  • Broker to government: Back away from CMHC

    One broker takes umbrage with what he feels is the Canadian government limiting the Canada Mortgage and Housing Corporation’s (CMHC) influence in the market following the crown corporation’s most recent restructuring.

  • Brokers, rate your lenders

    Brokers looking to provide honest, anonymous opinion of lenders can look forward to the CMP Brokers on Lenders survey, back again by popular demand. And make no mistake lenders do welcome that frank feedback.

  • Lender policy change costs broker

    One broker has a beef with a lender after a number of his mortgages were not honoured following a policy change.