Scotia news

  • Canadians paying off their mortgages

    A study released Tuesday, indicating a healthy mortgage industry, may stop Finance Minister Joe Oliver in his tracks

  • CREA updates forecast

    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.

  • Broker frustrated by auditing double standard

    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.

  • Slow start to 2014 for industry professionals

    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 2.99 per cent five-year fixed is back

    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 producer leaves bank for brokerage

    Canada’s largest producing team in the banking channel has chosen to switch to the broker side by joining Mortgage Alliance.

  • Infographic: Homebuyer spending and saving habits

    CAAMP’s annual State of the Residential Mortgage Market report: What you need to know.

  • Brokers react to Poloz

    In the wake of Stephen Poloz’s announcement that he believes Canada will avoid a housing bubble, brokers may agree but they are still wary of any future interference by Finance Minister Jim Flaherty.

  • ING announces new name

    The bank who left the broker channel following the buyout by ScotiaBank has recently announced a forthcoming name change.

  • CMHC forecast: Atlantic Canada

    The Canadian Mortgage and Housing Corporation (CMHC) released its fourth quarter housing outlook last week and in part four of our four-part series we take a look at what the organization foresees for Atlantic Canada.