• 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

  • Broker: massive broker cull to cut buy-downs by Vernon Clement Jones | 19 Apr 2012

    With the Ontario regulator now releasing its final tally on relicensing casualties, a leading broker is arguing the high losses will help cut the pressure to buy down rate. read more

  • Advocates of 100% commissions answer back by Vernon Clement Jones | 19 Apr 2012

    The tides have turned in the direction of 100 per cent commissions for agents, and the only thing brokers can do is go with the flow, argues one team leader, pointing to the success of his own flat-fee model in winning back associates. read more

  • Commission splits challenging industry's future by Vernon Clement Jones | 18 Apr 2012

    Brokers with decades of experience at both large and small networks are sounding the alarm about an industry shift in commission splits – a trend with short-term benefits for some individuals, but long-term consequences for the profession. read more

  • New association helps win tighter regulations by Vernon Clement Jones | 18 Apr 2012

    Execs at the country’s newest mortgage broker association may want to take a bow, having helped sell another province on the need to “professionalize” its mortgage brokers. read more

  • Toronto housing market continues to tighten by | 18 Apr 2012

    With sales continuing to rise in the Greater Toronto Area and listings falling behind, the market in Canada’s largest city continues to tighten, driving prices upward, according the city’s real estate board. read more

  • Broker: Time to talk advance fees by Vernon Clement Jones | 17 Apr 2012

    A leading Ontario veteran is calling on the provincial regulator to level a very lopsided playing field by allowing brokers to charge upfront fees on deals falling short of the current $300,000 threshold. read more

  • BoC holding pattern pleases brokers by Vernon Clement Jones | 17 Apr 2012

    A domestic economy regaining ground alongside its U.S. counterpart wasn’t enough stimulus for the Bank of Canada to increase its key overnight rate Tuesday, with the growing threat of global oil prices and uncertainty in Europe encouraging it to maintain the status quo. read more

  • Broker Sentiment Poll: Share your views by | 16 Apr 2012

    Tell CMP what the future holds for the Canadian mortgage brokering industry and earn a chance to win a BlackBerry Playbook. read more

  • Did 4-year mortgages lead brokers astray? by Vernon Clement Jones | 16 Apr 2012

    A Toronto broker is questioning if the industry’s wholesale shift to the four-year term last month – a defense against that extraordinary BMO offer –best served their clients. read more