Stymied switches prompt new game plan
A slowing market will grow the number of trailer fee transactions as brokers confront a spike in rock-bottom renewal rates – an effort on the part of some lenders to block switches, they charge.
More competition for brokers ... in Alberta
Brokers in Alberta will likely continue to feel the pressure of in-migration – not from the thousands of workers expected to move there this year, but from the out-of-province mortgage professionals looking to follow their lead.
Market perceptions weigh heavy on brokers
The perception that now’s just not the time to buy – regardless of low interest rates – may be the biggest hurdle facing brokers this year, suggests new market research.
AMP satisfaction leads the pack, says survey
It's usually the most hotly debated finding in CAAMP's annual survey, but that research is once again suggesting consumer satisfaction with AMP-arranged mortgages is higher than the rest.
Broker: Time to take on an apprentice
It's an idea whose time has come, says one broker, recommending the kind of one-year apprenticeship he already offers new agents -- tapping not only his experience but his commission.
Tough times ahead, even for RBC
It may be cold comfort for brokers, but for what it's worth, RBC says its days of double-digit growth in mortgage originations are gone - at least for 2013.
Manulife and brokers officially partner
Manulife has now completed acquisition of the channel’s largest creditor insurance provider, at the same time restating plans to expand broker business.
New regs for B.C's MICs and syndicates
British Columbia is poised to remove exemptions for MIC and syndicate lenders that block implementation of national rules better protecting investors.
Will employment grow equal rate growth?
Brokers worried stronger-than expected job numbers for December will spur the Bank of Canada into action may have it wrong, say economists, pointing to an otherwise sluggish economy and the continuing need for rate stimulus.
A 2013 forecast for brokers
The verdict is in: 2013 may not be a great year for brokers, but it won’t be the worst.