Analyst questions CREA stats
One industry analyst is questioning how CREA reports its home sales data, suggesting his own analysis points to a less frenetically paced market.
Small brokerages to struggle in 2014?
One local player -- who expects indirect help from the big networks -- is optimistic about the year ahead, despite a forecast that smaller brokerages will struggle in 2014.
Brokers split on whether they hope Flaherty runs again
Brokers are divided on whether they feel Finance Minister Jim Flaherty stepping down would benefit the mortgage industry, despite the finance minister’s history of instituting unpopular mortgage measures meant to cool the market.
Market set for 20 per cent correction?
The Canadian housing market is set for a potential 20 per cent correction over the next five years, according to the head of Canadian portfolio management for a global investment firm.
Second mortgage insurer follows suit
That didn't take long.
One major mortgage insurer wasted no time announcing its own premium changes, following CMHC’s major statement Friday.
Broker: CMHC announcement could have been worse
The CMHC announcement Friday that it is raising its premiums may have allowed brokers to sigh in relief; at least for one, who feared much more intrusive changes from the Crown Corporation
Title insurer notices new trend in fraud cases
One leading title insurer is noticing more cases of insurance fraud and a change in focus on the value of mortgages fraudsters are targeting.
CMHC hike won't slow market, according to one expert
The effects of CMHC’s premium hike remain to be seen, but one industry expert believes it will not slow down the market.
CMHC raises premiums
CMHC is increasing its mortgage insurance premiums for homeowners and 1-4 unit rental properties effective May 1, 2014.
Should industry re-focus its recruiting methods?
A new broker recruitment initiative established in Australia could be easily adapted for Canada’s market, according to one broker, who is already applying a similar approach to his own recruitment efforts.