Fraudsters getting smarter, better organized
An industry expert is cautioning brokers on smarter, better-organized mortgage fraudsters, more professional than the familiar mom-and-pop operations that once challenged the industry.
How low can you go – 2.84
Jim Flaherty needs to “stay out” of the affairs of banking, say mortgage brokers, as one channel lender throws down the gauntlet with the introduction of a 2.84 per cent rate.
Demise of the buyers’ bonus a boon to brokers
B.C.'s new home credit for first-time buyers expires on March 31 – and that's great news for brokers tired of seeing many clients lured to a developer's lender.
'Rate-less' website pays off
A year after he decided to remove rate charts from his website in favour of “more quality content," a Vancouver broker is billing his increased traffic as proof of a winning strategy.
First-timer bonus helps -- not hurts -- some brokers
A government bonus for new homebuyers – tied to new construction purchases – has worried B.C. brokers, but has ultimately proven “harmless,” say some industry players
And the survey says...
Rising home prices in the third quarter likely disguised a slowing market for real estate agents and mortgage brokers, alike, suggests a new survey from Royal LePage.
Vancouver brokers eyeing Alberta opportunites
It may be a case of thinking the grass is greener on the other side, but a growing number of B.C. brokers are moving to get licensed across the border in Alberta, as originations in their own large markets slow.