News

  • Leading brokers discuss loyalty agreements by Justin da Rosa | 11 Oct 2013

    Leading brokers discussed MortgagBrokerNews.ca’s latest Big Story at their weekly Canadian Mortgage Hangout and opinions diverged when it comes to loyalty agreements; an issue moderator Jackson Middleton considered “contentious… with a lot of different opinions”. read more

  • Buyers scrambling to re-qualify as pre-builds close by Justin da Rosa | 10 Oct 2013

    Buyers with long-term rate holds on pre-build condos are increasingly scrambling at closing to re-qualify, due to tighter lending rules. read more

  • Experts: Mortgage rates will decline by MBN | 10 Oct 2013

    Brokers and their clients, as reluctant as they may be, may owe tea partiers in the United States a vote of thanks as their antics are expected to lower fixed rates in the short term in Canada. read more

  • Canadian Mortgage Backed Securites: The next big thing? by MBN | 10 Oct 2013

    An increasingly important lender in the broker channel has successfully arranged a Canadian Mortgage Backed Securities (CMBS) transaction involving $400 million in commercial financing – marking the largest deal under the program since 2007. But is it also a sign of more and bigger things to come? read more

  • CMP's first ever broker lifestyle issue by Justin da Rosa | 09 Oct 2013

    She drives a 3-series BMW, vacations in Muskoka, had her 25-year mortgage paid off in less than a decade. She also owns an investment condo downtown that is rented out to a university student – her own kid. Does this sound like the typical broker? read more

  • Condo Act review includes better education for first-timers by Justin da Rosa | 09 Oct 2013

    Adding even more discourse to an already hot topic, Canada’s Public Policy Forum released a report on Ontario’s Condominium Act Review at the end of September – which provides recommendations on how to better educate first time condo buyers. read more

  • Digital Marketing Bootcamp to be hosted by industry experts by MBN | 09 Oct 2013

    Most brokers admit social media can help bolster business to unfathomable heights, but creating and maintaining an online presence just doesn’t come naturally to some. For them, digital experts are constantly posting blogs, writing articles and hosting seminars to help social media-phoebes break into the burgeoning marketing space – and one recent offering is hosted by two women with a great deal of mortgage industry knowledge. read more

  • Laurentian Bank does away with in-house specialists by Justin da Rosa | 08 Oct 2013

    With the announcement from Laurentian Bank that they are doing away with their mobile mortgage representatives, brokers in Quebec believe the reduced competition will make it easier to do business with the bank. read more

  • FCM to Harper: housing market is putting economy at risk by MBN | 08 Oct 2013

    In a letter sent to Prime Minister Stephen Harper, the Federation of Canadian Municipalities applauds the government’s efforts to cool down the housing market, but warns that housing costs may put the national economy at risk if further steps aren’t taken. read more

  • DLC brokers take over New Orleans by MBN | 08 Oct 2013

    Dominion Lending Centres’ annual National Sales Conference in New Orleans had brokers buzzing following a fun-filled three-day event capping off September. read more