Reaching new heights
It’s a message that reverberated from one end of The Mortgage Summit to the other, with speaker after speaker calling on brokers to choose sides – are you focused on service or rates?
Brokers need to see clearly when it comes to rate
For one broker it’s the elephant in the room that no one wants to talk about: the fact that the industry continues to fight banks on rate when it is clear it can no longer do so successfully.
Don’t quit your day job yet
Canadian Real Estate Wealth contributor, Peter Kinch explains the ways brokers can ensure their BFS investor clients can still get the financing they need
Top 50 brokers turn teachers at the Mortgage Summit
Niche brokering. It’s a lesson many mortgage professionals are anxious to learn and now there are five of the CMP Top 50 willing to teach it at this month’s Mortgage Summit.
Not all lines of credit are created equal
Canadian Real Estate Wealth contributor Peter Kinch explains that brokers working with investors looking for extra leverage to make their next investment must look at the nuances and differences offered to them in the form of lines of credit
Top originator urges niche brokering, focus on property investors
With an originations slowdown sending brokers scrambling to diversify their portfolios, a top Ontario player is arguing “niche” brokering may actually be the best way forward.
Broker: Don't rule out more mortgage rule changes
A leading B.C. broker is suggesting it would fall to the government to again tighten mortgage rules in order to limit the number of at-risk Canadians taking on new housing debt, arguing the Central Bank’s hands are effectively tied.
2011: The Road Ahead
Consumer awareness and confidence in brokers, broker-lender relationships and the threat from government of more mortgage rules are some of the issues John Tenpenny heard about when talking with prominent industry members
Ottawa tightens mortgage rules
Finance Minister Jim Flaherty announced a second tightening of mortgage rules in the past 12 months as Canadian household debt became a growing concern at the end of 2010 and historically low interest rates continued to persist.
Bubble. What Bubble?
An industry report questioned whether or not Canada was in the midst of a real estate bubble. Melissa Kim asked some of last year's CMP Top 50 brokers to weigh in on the possibility.