The Royal Bank of Canada (RBC) made headlines Tuesday with its “employee pricing" mortgage offering but brokers are far from convinced that such a product exists.
Truly independent brokerages are an increasingly rare breed in the broker channel, with CMP now highlighting their accomplishments and, indeed, their tenacity.
ScotiaBank delivered some less-than-optimistic news to mortgage brokers and those who depend on the housing industry for their livelihood.
A study released Tuesday, indicating a healthy mortgage industry, may stop Finance Minister Joe Oliver in his tracks
The Canadian Real Esate Assocation (CREA) updated its forecast for home sales in Canada Monday and the new data points to a very modest sales increase for 2014 and 2015; indicating brokers may have a tougher time funding deals in the next 24 months.
One broker is frustrated by what he perceives to be a double standard when it comes to how brokers are audited compared to their banking counterparts.
As temperatures dropped in January so too did housing sales across the country as Canadians preferred to stay inside the warmth of home than to trudge through the snow to visit open houses.
The rate that attracted Jim Flaherty’s scorn is back, with at least two mortgage brokers offering a 2.99 per cent five-year fixed rate mortgage.
Canada’s largest producing team in the banking channel has chosen to switch to the broker side by joining Mortgage Alliance.
CAAMP’s annual State of the Residential Mortgage Market report: What you need to know.