Latest news

  • Brokers react to RateHub announcement

    RateHub.ca will join forces with an influential channel player to launch a new brokerage, with several brokers arguing the move is a betrayal.

  • Canada's three major markets lead the charge

    The Canadian housing market continues to make up for lost ground due to slow sales in the beginning of the year, with the number of sales making a modest 0.8 per cent month-over-month jump from May to June.

  • Limited supply pushing prices up

    Home buyers will have to prepare to shell-out or be left out as the limited supply of single-family puts further pressure on the market.

  • Daily Market Update

    Global ratings agency warns that housing market here is over-valued by 20 per cent… Banks could be vulnerable in any housing crash… Consumers remain optimistic despite warnings… And office leasing sees some growth in Toronto…

  • Brokers criticize mortgage life insurance

    Several broker joined the fracas to discuss their own issues with bank-offered mortgage life insurance, with many criticizing the high mark-ups and low payouts.

  • Wealthy Canadians choose to carry mortgage debt

    Many high-net worth Canadians – those with investable assets of $500,000 or more – carry a mortgage as an investment strategy; despite 67 per cent of those polled having the cash available to pay them off in full, according to a recent Investors Group study.

  • New poll: What is the most important tool in your kit bag?

    CMP contacted a number of brokers across the country and asked which tools have helped them grow and manage their businesses this year. Now it's time to have your say and tell us which one has been the most key in contributing to your own.

  • Daily Market Update

    Could a housing crash actually be good news for homeowners?… Getting a mortgage is increasingly tough for self employed buyers… Younger buyers proving cautious about entering the market… And banks look to assess their risk to a housing crisis…

  • Veteran player establishes MIC

    Former Equity Financial Trust CEO Nick Kyprianou announced Thursday the establishment of RiverRock Mortgage Investment Corporation.

  • Brokers discuss refi strategies

    Talk turned to refinance strategies during Canadian Mortgage Hangout’s (#cmhTV) second anniversary Thursday and tactics for winning that very valuable segment of business.