CMA finalists announced
The annual Canadian Mortgage Awards are set for May 22 at the Liberty Grand in Toronto and we’ve got your first set of finalists.
The full Hilliard MacBeth interview
Hilliard MacBeth is an Edmonton-based portfolio manager with Richardson GMP Ltd. He also wrote a book, called When the Bubble Bursts: Surviving the Canadian real estate crash, and thinks the market is overvalued by up to 50 per cent.
Household debt edges higher again
The level of household debt in Canada rose to 163.3 per cent of disposable income in the fourth quarter of 2014.
Bank to benefit from competitor’s changes?
Brokers are already considering diverting clients from one big bank to another, following a recent change to a popular mortgage product.
Latest HPI report shows cooling markets across Canada
February marked the fourth straight deceleration of the country’s housing price index, an early sign of cooling housing markets across the country, despite a 4.4 per cent increase over the same period last year.
Brokers disappointed by big bank change
Brokers are voicing their displeasure with a recent change made by a big bank that will affect past and future clients.
Big bank makes major change to broker program
In what one industry player is referring to as a “great example of bank greed,” one big bank has tacked on a monthly fee to one of its most popular programs among brokers.
Surprising start to 2015 for housing starts
Condos helped bolster impressive housing starts to kick off the year -- much to the surprise of some of the big banks -- meaning brokers will have more options for clients looking to cash in on record-low rates.
Missed opportunity for brokers?
The big banks operating in the broker channel aren’t doing themselves any favours by refusing to drop their prime rates, despite some of their competitors already doing so.
Single-family home prices drop in almost half of cities
There was a slight drop in Canada’s house prices in December according to the latest Teranet-National Bank Composite House Price Index.