Mortgage broker headcount at peak?
There are approximately 18,000 to 20,000 people who hold a mortgage agent and/or broker licenses in Canada, according to the Canadian Association of Accredited Mortgage Professionals.
It's Time to Lock In
With people banking on the main interest rate going up in June, it seems like a good time to for homeowners to lock in their fixed-rate mortgages.
Mortgage brokers appear safe from GST
Finance Minister Jim Flaherty said Monday that there will be no additional GST on financial services following heated discussion about a new proposed tax policy that appeared in the federal budget earlier this month.
Flaherty has no plans to tighten mortgage rules: Globe and Mail
Following a report in Saturday''s Globe and Mail that banking officials have called for tighter mortgage rules to stave off a housing collapse, Finance Minister Jim Flaherty told reporters he does not see signs of a housing bubble in Canada.
Keys to growing your business
Finding a niche and becoming an expert could be one of the most effective ways to grow your business, industry experts said at the annual CAAMP expo in Toronto
Was the crisis a good thing?
If there is anything good to come out of the credit crisis, it's the opportunity to improve broker/lender relations, industry members heard at the annual CAAMP expo in Toronto
Lender panel plays it safe at CAAMP
A panel of lenders at CAAMP's annual conference said they believe mortgage brokers' share of the market will continue to grow, but also emphasized the need for greater efficiency and speculated that volume bonuses could be scaled back over time.
Low rates should come with warning, experts say
Cheap mortgages and the explosive resale housing market have been stirring fears of a housing bubble among economists and real estate experts.
Mortgage market rebounding, broker share stable, says CAAMP
Despite a difficult economic year, CAAMP's latest survey on the residential mortgage market in Canada points to reasons for being optimistic, among them a forecast that total outstanding mortgage credit will surpass the $1 trillion mark in 2010.
A report of privacy breaches at GTA mortgage brokerages - and an ongoing audit by the federal privacy commissioner - is a reminder that efforts to protect client information should not slip through the cracks