• BMO, the bearer of good news? by Nestor Arellano | 23 Oct 2012

    There seems to be some sliver of light at the end of a long dark tunnel for brokers with BMO’s latest Housing Confidence Report indicating that nearly half of all Canadians intend to purchase a home within the next five years. read more

  • Flaherty: No more room for rule changes by Nestor Arellano | 22 Oct 2012

    Brokers have heard it before, but the Finance minister is saying it again – this time with more conviction – arguing the government simply has no more room to play with the mortgage rules. read more

  • Do I hear 2.94 per cent? by Vernon Clement Jones | 22 Oct 2012

    Radius Financial formally introduced its RateWise Mortgage Monday, pointing to both its 2.94 per cent on a five-year term and its more restrictive prepayment allowances. read more

  • CMHC stands by emili’s accuracy by Nestor Arellano | 22 Oct 2012

    The CMHC is once again defending Emili from a media report suggesting the system may have put the country at risk for a U.S.-style mortgage crash. read more

  • Product News - November 2012 by CMP | 21 Oct 2012

    A bite-sized guide to the industry`s newst products as they come down the channel. read more

  • Alberta avoids Ontario broker cull by Nestor Arellano | 19 Oct 2012

    It’s a tale of two re-licensing processes, with Alberta escaping the agent cull that hit Ontario earlier this year. read more

  • Brokers blame buydowns for Scotia chop by Nestor Arellano | 19 Oct 2012

    Buying down rates not only cheapens the value of a broker’s work, but could be directly responsible for any slash to broker compensation, according to one mortgage broker. read more

  • Brokers prepared to lump it, not leave Scotia by Nestor Arellano | 18 Oct 2012

    Most brokers will opt to lump it rather than leave Scotia over its 5-basis point chop, argue some industry veterans, even as others call for a boycott. read more

  • Tough market to grow independent players, says broker by Nestor Arellano | 18 Oct 2012

    With a slowing housing market and lenders slashing compensation, the channel will likely see more brokers opting to go independent rather than work under large broker networks as a way of cutting expenses, according to one mortgage professional. read more

  • Breaking news: Scotia cuts compensation by Vernon Clement Jones | 17 Oct 2012

    Brokers feared this day would come, with Scotia introducing a 5 bps cut to compensation on all its five-year fixed and variable product effective Oct. 18 and following on the heels of First National’s move. read more