Variable rates still a dice roll, despite rate hold?
Some brokers still aren’t completely sold on the idea of variable rates; despite the rising in fixed and the Bank of Canada announcement Wednesday suggesting ARMs may remain at historic lows until 2015.
CMP Brokers on Lenders teaser
Early results from CMP’s Brokers on Lenders survey prove that with the ever-tightening underwriting, brokers are having to rely more and more on Alt-A and B deals as fewer clients now qualify for prime.
Monolines best banks once again, say brokers
While banks increasingly position themselves as the only real solution for new immigrants seeking mortgages, brokers still believe monolines offer the most competitive options for new Canadians.
RBC under fire for missing coverage
A Harvey, N.B., man is asking Royal Bank – the same lender that refinanced his mortgage without a lawyer’s signoff – why his home burned to the ground without fire insurance.
Making last year’s Commercial Top 10 boosted business: broker
One of CMP magazine’s Top 10 Commercial brokers from last year saw a definite uptick in business from making the list, raising his Google search profile and garnering attention from his residential counterparts.
IC Funding hopes to reassert itself among Commercial Top 10
CMP magazine is once again looking for the Top 10 commercial brokers in the country, and one brokerage is aiming to make a statement as a force to be reckoned with in the channel.
Will brokers and Realtors ever agree?
Brokers and Realtors are divided once again, this time over what if any impact a new plan to reduce Toronto’s land transfer tax will have on a slow real estate market.
Restrictions, not affordability, hurting Vancouver, says broker
According to a recent RBC Economics Research study, Vancouver remains the least affordable city in Canada to buy a home – something that isn’t stopping first-timers prepared to lower their expectations, says one broker.
CMP releases complete list of nominees
CMP magazine is sharing all of candidates for the upcoming Canadian Mortgage Awards, the most exhaustive and representative list in the awards’ celebrated history.
Choosing a broker pays $100,000
There is poetic justice in a woman winning $100,000 from the brokerage that secured her mortgage from the bank that originally turned her down.