Experts: Mortgage rates will decline further
The waning year has seen a rate rollercoaster as historically-low fixed rates shot up before descending once again; and the expert panel assembled by RateSuperMarket.ca expects that slow descent to continue into the end of the year.
Clients less willing to renew early... for now
Following historically low lending rates, clients are less likely to opt to renew early, leaving few opportunities for independent brokers to try to entice clients to switch lenders… for now, at least.
CMA preview: A roundup of categories
Nominations for the Canadian Mortgage Awards (CMA) are now open and here is a quick glimpse at some of the awards you can now vote on.
Broker calls for unity among brokerages
The hot debate continues after one industry player used MortgageBrokerNews.ca to propose a broker-run organization modelled after the Canadian Chamber of Commerce; and despite the many naysayers, one broker thinks he’s now come up with a workable implementation strategy.
CAAMP announces list of reps
CAAMP recently released its roster of representatives for the upcoming two year term and one elected broker hopes to continue the tradition of giving brokers a national voice.
New broker doesn't last long as independent
For new mortgage brokers, joining a large broker network may be the way to go – as the connections and guidance can help rookies sharpen their skills in an increasingly competitive industry.
Brokers may want to hop on the fastest-growing social media platform
Just when you have Twitter, LinkedIn and Facebook finally figured out, recent data may convince you to add another social media platform to your marketing repertoire: Pinterest.
Leading brokers discuss loyalty agreements
Leading brokers discussed MortgagBrokerNews.ca’s latest Big Story at their weekly Canadian Mortgage Hangout and opinions diverged when it comes to loyalty agreements; an issue moderator Jackson Middleton considered “contentious… with a lot of different opinions”.
Brokers react to National Bank compensation changes
National Bank announced changes to the compensation structure of its broker services this week and broker opinions diverge among those who say they won’t be affected and those who feel it will impact their decision to use the bank’s services.
Canada’s Top 100 investor neighbourhoods revealed
For brokers looking to encourage their property investor clients into the marketplace, this may be the tool you need.