A recent lender acquisition has renewed concerns that more amalgamation could be in store, and brokers fear it could be a big bank doing the buying
Big banks continue to undercut their own broker partners by offering proprietary mortgage products exclusively in-house
One national broker association is urging the government not to adopt investor caps, arguing that such changes would result in a loss of mortgage lending options for Canadians.
Speculation has begun to swirl prior to the next Bank of Canada rate meeting, with one economist vehemently arguing against further cuts.
One broker has lost a large chunk of business to the big banks, after his preferred lender started refusing to do one type of deal.
The government must clear up confusion about what is and isn’t a “grow-op,” warns a broker concerned healthy properties are getting pulled up with the weeds.
An aborted condo development for Eastern Canada is highlighting the growing challenge for agents working the lower end of the market.
Broker frustrations about inconsistent payment penalties have sparked a creative solution.
Fitch Ratings has downgraded its support ratings for many of Canada’s banks and mortgage lenders from 2 to 1.
Brokers have reason to rejoice: yet another economist has suggested that the Bank of Canada is unlikely to increase interest rates.