Latest news

  • Canada's mortgage book improving

    New CMHC data revealing the improved quality of Canada’s mortgage book may encourage brokers to tell both Jim Flaherty and Julie Dickson “I told you so” for even suggesting further tightening.

  • Client Christmas cards – how to get it right

    Sending a Christmas greeting to your clients can be the finishing touch to a successful year’s relationship building, but get it wrong and you could undo all that hard work. Here are some top Yuletide tips

  • Tip for holiday client credit protection

    You may want to cast yourself in the role of the Grinch this holiday season, with a leading broker identifying one credit-protecting rule to share with clients who’ll thank you later but probably not today.

  • Major brokerage gets Canadians out of the cold

    One major brokerage is increasingly in the business of providing not only mortgages for clients but food and shelter for people utterly unprepared to use their services.

  • Advice for advising first-time buyers and ... parents

    A lawyer and respected real estate veteran is offering a fresh warning for those enlisting the help of family members for a down payment – a word of caution brokers should share with all first-time buyers and, indeed, their parents.

  • Home sales spike downplayed by CREA

    Brokers hoping November’s impressive 5.9 per cent rise in home sales bodes well for the coming winter season may be disappointed, with some suggesting the spike may point to just the opposite.

  • Plan is set to have Equity Financial's CEO reinstated

    Smoothwater Capital will participate in a special shareholders meeting for Equity Financial Trust in March with the intention of removing seven of its nine directors and appointing three new ones – including recently ousted Nick Kyprianou.

  • CMA's customer service award sponsor speaks out

    Customer service is a crucial aspect of mortgage brokering and the upcoming Canadian Mortgage Awards will reward the individual office who best exemplifies outstanding customer service.

  • Home Trust enters direct-to-consumer space

    A major broker channel player announced Thursday that it is entering the direct-to-consumer space – under a new brand -- with consumer deposit products, including savings accounts and GICs.

  • Broker's guide to winter weather and its effect on business

    MortgageBrokerNews.ca has tailored this winter’s weather forecast for brokers; what kind of effect will it have on business in Canada’s unique markets?