'Pleased' Flaherty meet displeased brokers
Finance Minister Jim Flaherty says he’s happy increases in home prices have started to slow, but is relatively mute on a much bigger concern for brokers – the falling number of sales.
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.
Act review looks at road rep licensing
That review of B.C.’s broker legislation includes a look at whether mortgage specialists should be rolled into the regs, effectively holding their feet to the fire alongside channel competitors.
Slow November suggests 'cold' winter for brokers
National home sales fell 12 per cent last month, compared to November 2011, according to new stats, suggesting brokers across most of the country face a colder winter than last year's hot market.
CAAMP lobbies on
Fresh from meeting senior officials in Ottawa, CAAMP's leadership this week promised to continue lobbying the government during its pre-budget consultations.
Brokers glad market on ‘sustainable path’
Call it a slowdown, soft-landing or a correction, some mortgage professionals are just glad 2012’s rough ride is nearly over and as one major bank puts it, the industry is headed on a “sustainable path.”
BC brokers seeking self-regulation
Mortgage professionals in British Columbia are poised to submit a position paper to the province’s Ministry of Finance endorsing a self-regulated industry similar to that of Alberta.
Broker to CAAMP: Give up the mortgage-rule ghost
At least one broker is suggesting CAAMP – meeting with officials in Ottawa next week – needs to reconsider its position on tighter mortgage rules and embrace the long-term benefits of the revamp.
CAAMP returns to Ottawa for talks
CAAMP leadership will be talking to bureaucrats and politicians in Ottawa early next week in yet another effort to raise the red flag on tighter mortgage and lending regimes.