Latest news

  • 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.

  • Daily Market Update

    More growth for the housing market, but is it just a post-winter catch up? ... Credit unions undercut banks on mortgage rates ... Is mortgage insurance really necessary? … And why that historic property may not be special any more…

  • What does the future hold for CMHC?

    The Canada Mortgage and Housing Corporation (CMHC) announced further changes to its insurance offerings Friday, providing even more fodder for brokers to speculate about the future of the crown corporation.

  • Daily Market Update

    The paperwork required when buying in Alberta is about to increase…. Home insurance claims rise …. And why the younger generation are aiming to be mortgage free in their 30s….

  • Poll results: Brokers convert business on heels of increased competition

    Opinion among brokers was divided about Investors Group’s recent rate promotion and just how good a deal it was for customers. We wanted cold, hard numbers, though, so we asked our readers how many were able to convert client inquiries into funded deals. Read on for the results.