Latest news

  • Report finds Americans losing faith in mortgage lenders

    A recent poll showed that Americans continue to grapple with uncertainty about the housing market, with 58 per cent of U.S. adults expecting recovery to take at least another two years.

  • Merix to further enhance new broker portal in 2011

    Most mortgage agents have likely noticed Merix Financial’s enhanced broker portal, Explore 2.0, for deal tracking that was launched on Thursday November 25. CMP had the chance to demo it in person, and speak with Merix about plans to further enhance the system in 2011.

  • CMHC president and CEO named Top 100 Powerful Women Award

    The Canada Mortgage and Housing Corp. (CMHC) President and CEO Karen Kinsley was named a winner of the WXN Top 100 Canada’s Most Powerful Women Awards.

  • Simon Sinek to be keynote presenter at DLC conference

    Motivational speaker Simon Sinek, author of Start With Why: How Great Leaders Inspire Everyone to Take Action, was announced as the keynote presenter for Dominion Lending Centres’ 2011 National Sales Conference in Las Vegas.

  • Mortgage Alliance launches new broker software

    Mortgage Alliance launched MortgageBOSS V2, the second version of its broker software, three years after the first system debuted in November 2007.

  • Lethbridge woman charged for $3-mil fraud

    Police charged a Lethbridge, Alta. woman in connection with mortgage frauds totalling nearly $3 million.

  • Housing more affordable into 2011: RBC

    It’s becoming more affordable to own a home, according to the Royal Bank of Canada, but the high cost of ownership will continue to keep the market steady and contain price increases.

  • Calgary home starts for 2010: CMHC

    Calgary construction starts for 2010 are forecasted to total 9,100 by the end of December, according to the Canada Mortgage and Housing Corporation.

  • Mortgage rates to jump in 2011 says BCREA

    The one-year fixed mortgage rate is forecasted to finish 2010 at around 3.2 per cent and reach 4.05 per cent by the end of 2011, according to the British Columbia Real Estate Association (BCREA). The association cites the Bank of Canada’s fiscal tightening and brighter economic prospects as the driving reasons.

  • Coast Capital launches $1M ad campaign

    Coast Capital Savings launched a $1-million television, print and online advertising campaign to promote its latest mortgage product, You’re the Boss.