A broker recently received a massive regulatory fine and the case serves as a good reminder for industry players to brush up on their compliance knowledge, according to one industry veteran
Halifax-based Atlantic Signature Mortgage and Loan hopes to launch nationally to provide borrowers with mortgages when they can’t obtain them from traditional banks and financing institutions.
Ottawa’s housing sector in 2011 is expected to be a model of stability but it won’t achieve the same post-recession buzz that pushed average resale prices up 7.6 per cent this year.
The extraordinary financial meltdown in 2008 and resulting recession demonstrated that in an age of economic and financial globalization, the design of public policy played a critical role in the events. Poor public policy created the conditions for the crisis, while good public policy shaped the exceptional actions to deal with it.
Dominion Lending Centres began airing its $2-million Don Cherry TV commercials on Saturday October 30 during NHL hockey games in six Canadian markets.
Coast Capital Savings launched a new product that the company says will give customers greater flexibility and control.
RBC Royal Bank announced that it is decreasing its residential mortgage rates effective November 9, 2010.
Canada’s housing market is moderately overvalued but is not in a bubble, according to BMO Nesbitt Burns.
Most Canadian homeowners are comfortable with their mortgage debt, according to the sixth annual State of the Residential Mortgage Market report from the Canadian Association of Accredited Mortgage Professionals (CAAMP).
The majority of first-time homebuyers in several large Ontario cities are moving into condominiums to avoid the high prices of single-family homes, a recent report has found.
Manitoba-based Assiniboine Credit Union introduced an Islamic mortgae earlier this year that sounds like it differs only in wording.