OSFI to work with lenders and insurers to safeguard market
The housing market will remain a high risk to the Canadian economy, according to OSFI, who is willing to step in to provide further governance if deemed necessary.
Personal brands: How to stand out from the pack
Truly effective personal branding is about how you’re perceived, because all brands exist in the minds of their market.
Daily Market Update
Banking regulator warns of high prices and low mortgage rates…. Basement apartment permits scheme is painfully slow…. Why we should embrace social housing in our neighbourhoods…. And can our man in the UK prevent the bubble bursting?
New condo rules could cause boom
New proposals to shake up Manitoba’s condo dealings may be worrying some sellers, but one agent believes it’s a good move for the industry.
Product requires work but is worth it, say brokers
Purchase plus improvement mortgages are becoming more popular among brokers and although they may require a good deal of work, industry professionals share their tips on getting the deal done.
B-21 to erode credit union competitive advantage
In a guest blog exclusively for MortgageBrokerNews.ca, Daniel Lewczuk of Mortgage Intelligence examines how credit unions -- who heretofore have enjoyed a competitive advantage over banks and monolines -- will be affected by OSFI's B-21 guidelines.
Home prices spark environmental concern | Rising vacancy rates | Crowd-funding kerfuffle
Environmental impact on house prices, a concern for the Great Lakes...Commercial property sees vacancy rates rise again, but slower…and should real estate be excluded from ‘crowd-funding’?
Brokers: Opportunity for lenders to embrace insurers
A competitive advantage is there for the taking for monoline lenders who are willing to work with Canada’s two private mortgage default insurers -- Genworth and Canada Guaranty, according to two brokers.
Brokers on Lenders: Opinions diverge
Two brokers share their take on how monoline lenders are performing ahead of the seventh annual Brokers on Lenders issue. Have your say today by filling out the survey.
Are Realtors soon to be obsolete?
The need for an agent in the selling process is dead. Or so believe many investors who are getting their lawyers to do the hard work. But how do brokers feel about this new trend?