CMHC forecast: Central Canada
The Canadian Mortgage and Housing Corporation (CMHC) released its fourth quarter housing outlook last week and in part two of our four-part series, we take a look at what the organization foresees for Central Canada.
How to beat banks at renewal time
The challenges of the traditionally slow winter season are now being compounded as banks contact past clients 120 days ahead of renewal – and just out of reach of a broker's 90-day rate hold.
Condo problem in Ottawa: An alternative view
A growing phenomenon in the condo development market is highlighting a disadvantage for brokers.
CMHC forecast: Western Canada
The Canadian Mortgage and Housing Corporation (CMHC) released its fourth quarter housing outlook last week and in part one of our four-part series, we take a look at what the organization foresees for Western Canada.
Broker calls for unity among brokerages
The hot debate continues after one industry player used MortgageBrokerNews.ca to propose a broker-run organization modelled after the Canadian Chamber of Commerce; and despite the many naysayers, one broker thinks he’s now come up with a workable implementation strategy.
CMHC: Slow market to carrry into 2014
The Canadian Mortgage and Housing Corporation (CMHC) has released its fourth quarter housing outlook in which it warns about a slower market carrying over into 2014.
BC market surges back; good news for brokers
In a report issued by the Bank of Montreal on Wednesday, the bank assured industry professionals the housing market in British Columbia has achieved a soft landing following a concerning sales drop early in the year.
New rate site created by industry player
There is a new rate site in town and -- brace yourself, brokers – this one was created by one of your fellow brokers. Still, its founder doesn’t believe industry players should feel threatened.
CMHC offering tailored outlooks for various Canadian markets
Canada Mortgage and Housing Corporation (CMHC) is offering a number of housing outlook conferences in various Canadian cities; each offering a useful and practical information session that will help brokers understand trends unique to each market.
More transparency promised by central bank
Governor of the Bank of Canada, Stephen Poloz, released his opening statements prior to the House of Commons Standing Committee on Finance, intimating that the central bank will endeavour to be more clear and accountable for any actions they may make.