RBC under fire for missing coverage
A Harvey, N.B., man is asking Royal Bank – the same lender that refinanced his mortgage without a lawyer’s signoff – why his home burned to the ground without fire insurance.
Hot commercial market will continue, says GTA insider
The commercial property market in the Greater Toronto Area reached a record $4.9 billion in the second quarter – but analysts are wondering if the true heights are yet to be hit.
Ottawa has ‘overtweaked’ housing market, says broker
Government intervention has gone too far already, and the decision by the new Bank of Canada governor to keep the overnight rate unchanged is welcomed news for a housing sector still reeling from “too much tweaking,” says one industry vet.
Awful GTA condo numbers no surprise, says industry player
It comes as no surprise to brokers that Greater Toronto Area condo sales plummeted last month, making for the lowest June on record for new sales, according to data from RealNet Canada and the Building Industry and Land Development Association.
Selling mortgages to a culture that doesn’t understand the term
How do you sell a mortgage to a community of people who distrust banks and are unfamiliar with the concept of a mortgage? One Alberta broker has the answer.
Veteran commercial broker not limited by borders
As the president of one of the oldest commercial brokerages in the country, Ed Estreicher knows exactly what it takes to be a Top 10 broker in his field.
Competing online may become a fact of life for B lenders
It’s a match-making service that may soon become a fact of life for B lenders, and as reported in CMP this spring, it’s making rapid progress in that direction.
How do brokers beat the heat?
The dog days of summer are upon us, and brokers are finding clever ways to accommodate overheated clients and ensure deals done.
June numbers could mean hot July for brokers
Now may not be time for brokers to take their foot off the gas, with rising home sales in June likely to zap the strength of the fall market, according to one economist, reflecting on interest rates.
PropertyGuys.com mixing realty and mortgages
A leading for-sale-by-owner realty has announced new franchises in the Vancouver Delta specifically focused on leveraging the power of existing mortgage businesses.