Mortgage Intelligence news

  • Mazel tov, Saskatchewan brokers!

    It’s much warmer than cold comfort, say Saskatchewan brokers, grappling with a slowing market but finally seeing home prices grow closer to the national average -- along with their commission cheques.

  • Here's one way to boost team morale

    If a CMA award can lift the profile of even the highest flying brokerage, it may have even more of an effect on its morale, says one of last year’s buoyant winners

  • Brokers meet your new clients

    Brokers may want to follow the lead of this Alberta veteran. He’s increasingly working for Realtors to create the kind of vendor-finance deals that win buyers time to quality for traditional mortgages, while helping sellers with tougher-to-sell properties.

  • Broker network and rate site expand online client base

    That partnership with Invis/MI and rate site Kanetix is now being expanded to Alberta, Saskatchewan, and Manitoba, after a fall launch in Ontario that captured broker attention both in and outside the organization.

  • Brokers channel pumps $1.2 million into charity

    Growing originations wasn't the only focus of brokers this year, with their collective efforts for charity surpassing last year's grit, determination and, indeed, generosity.

  • Brokers turn to buydowns in slow market

    One broker is getting candid about rate buy downs, offering 2.89 per cent on five-year fixed to any client who qualifies and arguing a slowing market has mandated the move.

  • Call centre competing with brokers?

    One network’s plans to use a rate site to drive business to its call centres – with an eye to passing it along to its members – may be short-sighted, said one leading mortgage professional.

  • Scotia to brokers: commission cut is 'growth opportunity'

    Brokers are scratching their heads over comments from a Scotia exec suggesting they view the commission cut as “a growth opportunity."

  • Downside of low rates present opportunity

    The low-interest-rate environment enticing many homeowners to switch mortgages is a perfect opportunity for brokers to coach their clients on how to avoid steep penalties.

  • Market distorts broker 'seasons'

    The current housing market has thrown the longstanding broker calendar out of whack, charge mortgage professionals grappling with the disruption.