A deeper look at condo volatility
The condo picture in Canada’s hottest market is bright despite data that seems to point to the contrary; and one broker hopes this will help lead to more liberal lending for those types of properties
Alberta brokers struggle
Lenders are making it harder for clients to qualify for mortgages out West
We’ve hit bottom, says industry analyst
Interest rates – and in particular mortgage rates – can’t go any lower, and the growth of lending has peaked or is close to peaking, says one industry analyst.
Voices added to the chorus calling for more options
One broker’s lament about lack of options for second mortgages has created a stir among the community
An opportunity for monolines?
One mortgage broker is calling on lender partners to provide a better option for this one type of client
Government eyeing ‘shadow’ lenders
A number of government agencies have revealed they will start keeping closer tabs on private mortgages but do brokers think that’s necessary?
Will mortgage market save Harper from poor job numbers?
While the housing and mortgage markets remain strong in most parts of the country, recent employment numbers are disappointing for Stephen harper’s Conservatives, and their hopes to return to power for a third term
Brokers on a big industry advantage
The move by two networks to add economists to their stable of offerings bolsters the professionalism of the industry, say brokers
In the lead-up to CAAMP, lenders have already divulged some new products
A bevy of leading lenders made the trek to Whistler, B.C., to discuss upcoming plans for their respective broker offerings
Broker workaround for law firm hindrances
One broker has encountered a law firm that refuses outright to work with monoline files, but that didn’t stop him from getting the deal done