News

  • Economists back up broker concerns by Vernon Clement Jones | 27 Jun 2012

    TD economists are now voicing some of the same concerns as brokers about the negative impact this latest round of mortgage rule changes will have on the economy and, more specifically, employment. read more

  • Brokers face tight-er deadlines by Vernon Clement Jones | 26 Jun 2012

    Forget July 9. Brokers may have considerably fewer days to get their applications in ahead of the government's start date for new mortgage rules. read more

  • Rule changes too late? by Caitlin Nobes | 26 Jun 2012

    Tightening mortgage rules aimed at cooling Canada’s housing market “may have come too late” to avoid a hard landing. read more

  • Banks push cashbacks by Vernon Clement Jones | 26 Jun 2012

    Brokers are feeling one last push by the banks to sell cashback mortgages before OSFI kicks it off their product lists. read more

  • Brokers: mortgage rules pave way for agent cull by Vernon Clement Jones | 25 Jun 2012

    For established brokers, it could be the sunny side of an otherwise dark round of mortgage rule changes, with industry veterans predicting as much as 15 per cent of agents will be forced to leave the business within the year. read more

  • Rate hike on top of rule changes? by Vernon Clement Jones | 25 Jun 2012

    The move to again switch up mortgage rules has helped the central bank out of a tough spot, say analysts, although Mark Carney isn't ruling out a rate hike if necessary. read more

  • Realtor exec: Mortgage rules 'blunt instrument' by Vernon Clement Jones | 25 Jun 2012

    The head of one of the country’s most powerful real estate brands is calling the latest round of mortgage rule changes unnecessary, given market cooling already underway across much of the country. read more

  • CMP Top Brokers capitalize on ranking by Jamie Farshchi | 22 Jun 2012

    It’s all well and good for CMP to sing the praises of its Top 75 Brokers list, but what do Canada’s top performers have to say? We find out in this new series with leading brokers from last year's CMP Top 50. And they're none to bashful about explaining why their ranking translates into more than a pat on the back. read more

  • Rule changes spur brokers & clients into action by Vernon Clement Jones | 22 Jun 2012

    Whether they like the rule changes or not, brokers are facing what may be the busiest two weeks of the entire rest of the year, especially those dealing with first-time buyers in danger of being shut out of pricey markets read more

  • Trio of associations form partnership, talk designation by Vernon Clement Jones | 22 Jun 2012

    It’s an alliance seen as increasingly important for a challenged industry, with three provincial associations now formally banding together in partnership -- and with an eye to eventually creating a “professional designation.” read more