Get to know the average first-time buyer
A new report indicates that first-time home buyers may have increased their average budget but are also waiting longer to make that first purchase in the wake of increased housing prices.
Jim Flaherty move shocks brokers
Brokers may not know whether to laugh or cry following Flaherty's announcement Tuesday.
CREA updates forecast
The Canadian Real Esate Assocation (CREA) updated its forecast for home sales in Canada Monday and the new data points to a very modest sales increase for 2014 and 2015; indicating brokers may have a tougher time funding deals in the next 24 months.
Major market to enjoy housing boom
One major market is expected to enjoy a significant housing boom and not the type caused by a bubble, according to one leading economist.
How to manage a disruptive broker
Running your own business isn’t easy. It’s a job that often requires tact and the ability to suppress embarrassment. So what can be done when one of your team's personalities is affecting team morale and engagement?
Home sales remains relatively unchanged in February
Home sales remained steady in February 2014 on a month-over-month basis according to the Canadian Real Estate Association’s latest stats released Monday.
Fixed vs. variable: The debate heats up
A long-stalled overnight rate has had brokers embracing the variable-rate mortgage but will a new forecast from a major bank convince them that fixed is superior, once again?
Player explains MICs to public
Brokers are increasingly turning to MICs to fund mortgages and one leading MIC provider recently explained this lending option to the public on a major news network.
Far Out Friday: Interviews that took a turn for the weird
Interviews normally follow a standard procedure with the odd twist and turn thrown in, however for some candidates the twists can drive the process into bizarre territory.
Street Capital announces new rental program
Increasingly, brokers are having difficulty securing mortgages for rental properties but one lender has added a new tool to the broker’s belt.