Latest news

  • Fewer Canadians accelerate mortgage payments

    Record-low rates have contributed to a decrease in Canadians choosing to accelerate their mortgage payments, according to a CIBC poll released Monday, though the bank suggests taking the opportunity to take advantage and pay them down quicker.

  • Ten top tips to make social media profitable

    Mortgage brokers are some of the most active financial services professionals on social media. But are they doing it right?

  • Daily Market Update

    Pay down my mortgage? I’d rather take a vacation!... Condo market spike in Toronto… Vancouver on target for record-breaking building permits… And Chinese investors increase foreign property purchases…

  • Major RateHub customer might pull support

    One of RateHub’s largest clients is set to decide today whether it will continue to do business with the popular rate site following the announcement that it is establishing a competing mortgage brokerage.

  • RBC: Expect slight price and sales increases through 2014

    Home prices are expected to see slight gains for the rest of 2014 before dropping slightly next year, according to RBC’s recently released monthly housing market update.

  • Are you losing data when you lose staff?

    A study has found some 60 per cent of workers who quit or are made redundant take company information with them when they go, despite knowing full-well their contract forbids it. How can you manage the risk of losing sensitive data -- and potential clients -- when disgruntled staff members leave your organization?

  • Daily Market Update

    BoC Governor hints that lower rates could be here to stay… RBC still ‘in business’ for US mortgages… Insurance Bureau advises homeowners to shop around for lower premiums…

  • Brokers question rate site leads for B-deals

    The industry might soon see B-deals introduced to rate sites but the idea has mortgage brokers questioning how successful a business model it would be.

  • Poll: Will you continue to use RateHub's services?

    Following the announcement that it will soon open its own brokerage, many brokers said they would cease using the popular rate site to generate leads. Are you among them?

  • Big bank turns to lender for underwriting support

    First National announced Wednesday it has struck a deal with Toronto Dominion (TD) Bank to provide underwriting and fulfillment processing for mortgages originated by the big bank through the mortgage broker channel.