Big bank hikes mortgage prime rate
Broker fears were confirmed Tuesday, with one big bank raising its prime rate less than a month following new mortgage rules
Shift to shorter terms fuelling more renewals – TD Bank
The traditional five-year term for mortgages is gradually fading from the consumer public’s consciousness, according to observers
Banks may be taking a page out of broker handbooks
If this advice sounds familiar, it’s probably because it is the same kind many brokers have prided themselves on providing
Free apps for would-be home buyers
A long-time Toronto journalist reviews some free apps that would-be home buyers could use in their search for the ideal home
Newcomers to be honoured at CMAs
The mortgage broker industry has its fair share of regular faces; the old guard who have been leaders for years. Each year, however, a new crop of up-and-coming, ambitious professionals emerge and some of them will take home Canadian Mortgage Awards for their efforts. These are our finalists in a number of “newcomer” categories.
Meet the CMA judges
Meet our panel of expert judges for the upcoming Canadian Mortgage Awards
TD snub doesn't surprise brokers
Mortgage brokers say they understand why a TD home buying guide advises seeking out a mortgage specialist for expert advice, with no mention of its broker-partners.
RBC now raises special fixed rate
RBC is one again leading the push to higher fixed rates, taking its “special” 5 year rate to a hefty 3.69 per cent, effective Wednesday.
New Canadians a vast potential market for brokers
A recent TD Canada Trust poll shows that 87 per cent of immigrants did not know how to apply for a mortgage in their first three months in the country – and that knowledge gap provides a prime opportunity for mortgage brokers to fill.
Big banks increase special discounted rates
Interest rates continue to go up – and this time, it is Scotiabank and RBC following TD Canada Trust by announcing increases to special discounted rates.