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
Brokers anticipate Flaherty’s next move
What will the government’s next move be if the new mortgage rules don’t result in a market slowdown? Brokers are taking some well-educated guesses.
Vancouver brokering is what?
B.C. brokers are as bullish on the future of the business as they are the beauty of their province.
Expert gremlins interrupt preapprovals rush
D+H was quick to resolve the issue – and all technical hands were indeed on deck. But brokers trying to push through a mountain of preapprovals ahead of today’s rate reset were, nonetheless, confronted by Expert technical problems that slowed and, at some points, blocked submissions Wednesday.
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.