Latest news

  • First round of Canadian Mortgage Awards finalists unveiled

    Starting today MortgageBrokerNews.ca will begin unveiling finalists for the Canadian Mortgage Awards – set to draw hundreds of industry professionals to Toronto's Liberty Grand May 9.

  • 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.