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.
Banks agree: Market will slow in 2014
The big banks have all weighed in on the housing market following CREA’s monthly report and there is a consensus among them: Expect the market to slow down in the coming 12 months.
CREA: Market to slow
The Canadian Real Estate Association (CREA) released its monthly sales numbers for all of Canada and, although the market has normalized following a sluggish start to the year, the organization foresees a slowed market in the coming months.
Scotiabank re-forecasts its outlook on the Bank of Canada once again
The Bank of Nova Scotia has re-forecast its outlook on the Bank of Canada and now believes the bank will hold off on hiking its overnight rate until 2016.
Scotiabank: Market to slow in 2014 but are brokers sold?
Scotiabank has stared into its crystal ball and seen a slow market in 2014 due to interest rate hikes and stunted job growth, though brokers may not be willing to accept the prophecy as gospel.