Broker frustrated by tightened lending
Brokers in one major market are noticing more conservative lending practices among monoline lenders, forcing players to send more deals to the banks.
Brokers on bank rate
Although it wasn’t quite unanimous, brokers have come to a consensus about what move the Bank of Canada will make later today.
Zero per cent rate on the horizon?
It was a bold – and disputed -- claim when he first made it over a month ago, but one former BoC advisor is once again predicting rates will drop to zero.
Mortgage brokers honoured on the red carpet
It’s not just sports milestones measured in three – with one broker clinching the industry’s triple crown at this year’s Canadian Mortgage Awards.
Broker: Don’t service yourself, service the client
Despite the CMHC’s premium hike on the horizon, one professional doesn’t believe brokers should necessarily advise clients to get ahead of it.
Lenders fight to increase broker commissions
Believe it or not, lenders are working overtime to outdo each other with increases to broker compensation in a market so often compared to Canada’s.
DLC economist releases employment report
Brokers in hard-hit Alberta may want to be cautiously optimistic about the country’s latest employment figures, as jobs are up in oil country.
Verico and DLC brokers merge
From rivals to partners, two competing brokerages merge under the Dominion banner.
A fix for slow underwriting times
One broker, frustrated by slow underwriting turnarounds, is pleading with lenders to fix the inefficiencies.
Are lenders’ promotional rates eating into broker bottom lines?
After a big bank gets into the short-term promotional mortgage game, one broker is claiming players will have to eat commissions to stay competitive.