News

  • How low can you go – 2.84 by Donald Horne | 20 Mar 2013

    Jim Flaherty needs to “stay out” of the affairs of banking, say mortgage brokers, as one channel lender throws down the gauntlet with the introduction of a 2.84 per cent rate. read more

  • Regulations, affordability hampering Gen Y buyers by Donald Horne | 20 Mar 2013

    Regulatory hurdles and affordability are the major barriers to Generation Y to jumping into the housing market, says a recent Royal LePage survey. read more

  • ING transition to Scotia almost complete by Donald Horne | 20 Mar 2013

    With the transition of ING employees to Scotia, many have found employment elsewhere in the industry, despite a goal for 100 per cent placement within the major lender, says the former head of broker sales with ING, Kim Luxton. read more

  • Manulife, the mouse that almost roared by Donald Horne | 20 Mar 2013

    Manulife’s decision to reverse a 20 bps mortgage cut – only after a phone call from the ministry of finance – is drawing criticism from brokers, but also praise. read more

  • Broker a finalist in Kraft Canada hockey by Donald Horne | 19 Mar 2013

    Don Stoddart is always looking for business – but this weekend, he is also looking for votes. read more

  • RBC’s Rate Match no match for brokers? by Donald Horne | 19 Mar 2013

    Brokers are describing RBC’s newly launched Rate Match campaign in less than glowing terms, pointing out the exclusion of monolines as evidence of a broker’s skill at finding the best deal. read more

  • Choosing a broker pays $100,000 by Donald Horne | 19 Mar 2013

    There is poetic justice in a woman winning $100,000 from the brokerage that secured her mortgage from the bank that originally turned her down. read more

  • Search for the best rate stressful, poll reveals by Donald Horne | 18 Mar 2013

    An ING survey suggests 59 per cent of Canadians find negotiating for the best rate the most stressful part of obtaining a mortgage – ironically, results that provide support for the mortgage brokers ING has now left behind. read more

  • CAAMP media crusade continues by Donald Horne | 18 Mar 2013

    CAAMP’s CEO Jim Murphy has taken his crusade for regulatory change to the airwaves and television, beating the drum for an easing of restrictions on first-time homebuyers. read more

  • Bleak 2013, better 2014 predicted for resales by Donald Horne | 18 Mar 2013

    CREA’s resale housing forecast is rather bleak for 2013 – but promises great things for 2014. read more