There's strong indication new mortgage rules have begun to cull the number of “habitual refinancers” said one 20-year veteran of the broker industry, suggesting a spike in the number of forced listings should soon follow.
Brokers are finally seeing a change in consumer appetite for risk after the second chop to fixed rates in two weeks.
A broker working Whitehorse and other Territorial hot spots is blaming a whopping 30-per cent drop in originations on the growing reluctance of channel lenders, the increasing dominance of the big banks and the population’s transient nature.
A new CAAMP poll suggests that brokers are at best maintaining their share of Canada’s mortgage business and at worst…
A radio ad for a leading Ottawa brokerage is stirring leads but also controversy with its subtle jab at the competition – other brokerages included.
Winners at the 2011 Canadian Mortgage Awards cut a wide swath across the industry, with Albertans leading the charge against Ontario dominance at the ICICI Bank-sponsored event.
The votes are in and now it’s only two days until the winners of the 2011 Canadian Mortgage Awards, sponsored by ICICI Bank, are announced.
A growing number of real estate agents are taking out mortgage broker licenses -- a way of better guiding clients and protecting property deals increasingly susceptible to financial turbulence.
Controversial statements from another RBC mortgage specialist have now resurfaced – again in B.C. and again attracting broker ire.
With multiple statements, RBC moved to distance itself from the controversial flyer of one of its mobile mortgage specialists – apologizing for its unflattering and inaccurate depiction of brokers.