Canadian home prices are set to rise a little over 5 percent this year and 2 percent in 2016 despite a slowdown in activity as the economy weakens, a Reuters poll found.
Big banks continue to undercut their own broker partners by offering proprietary mortgage products exclusively in-house
It’s frustrating enough getting a deal approved by lenders but now insurers are increasingly rejecting even lender-approved deals.
There is often truth in sarcasm, as might be evidenced by one reader's opinion on a controversial referral practice.
One big bank’s ongoing solicitation of real estate agents for referrals is frustrating brokers, who see it as a ploy to move mortgage business into the branch.
The best of the spring market may be behind brokers, according to recently released data.
The American housing crisis during the recession was exacerbated by struggling homeowners who walked away from mortgages leaving banks and mortgage lenders with huge losses.
One former banker – and current broker – believes recent changes at RBC will sway more clients to choose brokers over the banks.
There was something of a turnaround in house prices in March following decline in February.