Should brokers in these markets be worried?
Desjardins Group Economic Studies released a statement on Tuesday declaring the Canadian housing market is less affordable than the average affordability of the last 25 years, citing the average home prices across the country are eclipsing household income – due, in part, by a rush to buy prior to interest rate hikes.
Ontario's largest credit union establishes new model
Meridian, Ontario’s largest credit union, recently launched a new manager-owned branch model and installed mortgage industry veteran, Paul Bath as the owner and manager of its first “agency” location.
Broker honoured by Toronto Police for heroics
One quick-thinking broker helped save a man’s life last year and, on Sunday, was rewarded for his efforts by the Toronto Police Department in a formal ceremony.
Flaherty to discuss further changes with developers
Finance Minister Jim Flaherty will meet with developers to determine whether future interference in the housing industry may be needed.
Canadian First completes MonCana deal
Canadian First Financial announced that the acquisition of MonCana Capital Corporation was completed on Friday; a deal the company feels will provide a solid lending option for brokers.
Two-time CMA winner on how the awards helped her career
The Canadian Mortgage Awards (CMA) rewards excellence and recognizing those who excel in various facets of the industry; but what tangible affect can one have on a career? One two-time winner believes the recognition played a role in her upward trajectory.
Ex-banker tells all
An ex-banker turned fee-only financial advisor dishes on what it was like to hock mortgages to clients and the pressures to cross-sell.
Brokers praise BrokerBase
VERICO has recently launched BrokerBase, a business platform that is meant to make generating, capturing and converting leads, referrals and renewals easier than ever before; and early indication is that brokers are sold.
Charm school for the office clown
After serving aristocrats for years, one organization is helping Gen Y sharpen their office etiquette. Know someone who could do with a class?
Player proposes broker-run organization
One leading player is not satisfied with existing mortgage professional associations and proposes one run by brokers for brokers.