• Brokers urge prudence while economist urges rate bump by Donald Horne | 16 May 2013

    Incoming Bank of Canada Governor Stephen Poloz is already getting advice from a C.D. Howe economist urging him to raise his overnight rate, but brokers are staying on message suggesting he should leave well enough alone. read more

  • GTA condo rentals skyrocket while sales plummet by Donald Horne | 16 May 2013

    The tightening of the mortgage rules have had their effect – driving first-time homebuyers into the condo rental market, pushing average rents in the GTA to a record $1,856, and denying brokers those clients frustrated by Jim Flaherty’s stricter rules. read more

  • Little risk of CMHC meltdown, says economist by MBN | 16 May 2013

    Economists are standing up to address concerns about the soundness of Canada Mortgage and Housing Corp’s portfolio, answering speculation that the insurer would need a bailout should the housing market go south. read more

  • Great agents born or made? by Donald Horne | 15 May 2013

    The skills for writing a contract are there with new agents, say brokers, but it is the crucial qualities that make a good salesperson which are most lacking. read more

  • Top 75 brokers share their recipe for success by Donald Horne | 15 May 2013

    Implementing the best business strategies may seem obvious, but many brokers fail to take advantage of what works while discarding what doesn’t. read more

  • FSCO frustrated by unlawful advertising by Donald Horne | 14 May 2013

    Too many unlicensed brokers and not enough resources has FSCO frustrated with the deluge of public complaints over illegal mortgage brokering advertisements. read more

  • FCAC fines bank $50,000 by Donald Horne | 14 May 2013

    The Financial Consumer Agency of Canada fined a bank $50,000 for failing to tell a borrower about changes to their mortgage payments. read more

  • CMA winner: OSFI 25-year cap would benefit B lenders by Donald Horne | 14 May 2013

    The Office of the Superintendent of Financial Institutions Canada (OSFI) is looking at limiting amortizations to 25 years on conventional mortgages – a move that would benefit non-conventional lenders, says one broker. read more

  • New thinking needed, broker tells Summit by Donald Horne | 13 May 2013

    Broker-run rate sites and better branding were just two suggestions the closing speaker at last week’s Mortgage Summit had for brokers looking to add value in an increasingly competitive market. read more

  • CMA winner offers crucial advice to new brokers by Donald Horne | 13 May 2013

    Lifetime Achievement award-winner at this year’s CMAs has one piece of advice for new agents or anyone else looking to tap into his experience. read more