• Home prices up in March, but gains continue to moderate: CREA by | 27 Apr 2012

    Year-over-year gains in home prices continue to rise, though the increase in March was the smallest since last June, according the latest data from the country’s largest real estate organization read more

  • Monetary rewards for client referrals raise debate by Vernon Clement Jones | 26 Apr 2012

    The debate may have past on whether to reward clients sending business a broker’s way, but the question of when to send often hefty gift cards -- and whether to disclose them – is very much alive. read more

  • Brokers brace for new CMHC boss by Vernon Clement Jones | 26 Apr 2012

    Getting CMHC to approve deals may soon be tougher, with the introduction of a new bill handing ultimate control for government-backed mortgage insurance to an increasingly strict OSFI. read more

  • House price index falls for third time by | 26 Apr 2012

    Home prices continue to moderate downwards, particularly out west, offsetting modest gains in Ontario and further east. read more

  • Brokers use waivers to get beyond rate by Vernon Clement Jones | 25 Apr 2012

    It may seem like a cover-you-butt approach – asking clients who opt for no-frills mortgages to sign a waiver – but it also has the power to redirect them to full-featured alternatives, say an increasing number of brokers. read more

  • Broker maps out new lead gen strategy by Vernon Clement Jones | 24 Apr 2012

    A successful young broker has gone miles further in generating mortgage leads than the competition – becoming arguably the first to set up a call centre in India specifically focused on contacting 15,000 Canadians a day. read more

  • Broker: banks winning the rental wars by Vernon Clement Jones | 24 Apr 2012

    Some mono-lines may in fact be chasing rental business to the banks by attaching premiums to both the borrower’s interest rate and insurance costs, argues one broker focused on that end of the market. read more

  • Title insurer offers brokers mobile app by | 24 Apr 2012

    FNF Canada announced the launch of a mobile app, which provides brokers with real-time file status updates on all of their mortgage transactions serviced by the company. read more

  • Prepayment information is power for brokers by Vernon Clement Jones | 20 Apr 2012

    Brokers waiting around for lenders to meet new prepayment penalty requirements introduced last month, may want to consider an effective but little know alternative route to that same information, says one seasoned broker. read more

  • Inflation rate drop likely to ease pressure on rate hikes by | 20 Apr 2012

    After a well-worded warning that the Bank of Canada may be forced to raise interest rates earlier than expected, Mark Carney may have to wait, as Canada’s annual inflation rate for March dropped below the bank’s target. read more