Mortgage Architects news

  • 10-year fixed increasingly easy and lucrative sell for brokers

    Scotia has joined other lenders in presenting a special offer on 10-year fixed mortgages, widening the smiles on brokers now facing a surge in clients interested in longer terms as a hedge against the eventual spike in rates.

  • Brokers recruiting brokers

    Mortgage Architects is using its high-flying brokers to recruit other brokers, allowing them to share their success stories in an increasingly competitive market for networks.

  • MA welcomes $200m brokerage

    Mortgage Architects is the latest to welcome a high-volume team.

  • Borrowers not interested in bumping up line of credit

    Initial interest on credit unions offering HELOCs with a higher LTV than what OSFI mandates appear to have died down as some brokers report that borrowers appear satisfied with current mortgage rates offered by banks and other lenders.

  • Is MortgageBrokerNews.ca nixing anonymous comments?

    If you’re one of our many readers riled by anonymous comments on MortgageBusinessNews.ca, take cheer: a Conservative MP wants to outlaw the practice.

  • Brokers: Keep Emili

    Any move away from automated valuation – and toward appraisers – could hurt clients, say brokers, anticipating fallout from a media report suggesting CMHC’s system inflates home prices.

  • Former MortgageBrokers.com prez lands new post

    Dan Putnam -- president of the retired MortgageBrokers.com brand – has found a new challenge, heading a startup residential division for one of Canada’s leading commercial players.

  • Bob Ord: A trail of innovation

    Bob Ord doesn’t mince words and he doesn’t often give interviews. Here’s an exception to the second and, thankfully, not the first.

  • Mortgage rules stress need for stress-testing

    A survey suggesting a significant rate hike would challenge half of Canadian homeowners may be a wake-up call for brokers encouraging clients to max out preapprovals.

  • Reaching new heights

    It’s a message that reverberated from one end of The Mortgage Summit to the other, with speaker after speaker calling on brokers to choose sides – are you focused on service or rates?