Fixed rate mortgage at 2.94% on offer
The 10-year fixed mortgage is not a product for which Canadians feel any particular affinity, but there’s a very good chance it will gain popularity
B.C. announces money laundering inquiry
There will be a public inquiry into money laundering, the British Columbia government announced last week
MERIX Financial product takes broker channel by storm
MERIX Financial’s interest-only mortgage, introduced a year ago, is taking the broker channel by storm because of how neatly it fits into borrowers’ financial lives
Long overdue beneficial ownership registry would curb money laundering
Canada lacks a publicly accessible ownership registry—a major reason money launderers exploit real estate to conceal ill-gotten gains—but that could change by month’s end in British Columbia.
The case for the insurance brokerage business model
As young agents feel short-changed and broker-owners lament profit margins, could adopting the insurance brokerage model be the happy medium?
Challenges abound for small town brokerages
Operating a brokerage is challenging at the best of times, but it’s especially daunting in smaller markets
Anti-money laundering measures target Mortgage Broker Act
After last week’s bombshell reports on money laundering in British Columbia, the expert panel that prepared one of them wants the Mortgage Broker Act completely overhauled
Industry doesn't help new hires, isn't diverse: agent
The mortgage industry isn’t short of successful agents and brokers, but there’s meager support for new hires who aspire to become top producers, let alone for those trying to keep their heads above water
B.C. money laundering: 'The solution is to let the market fall'
Money laundered through British Columbia real estate contributed to prices surging 5% last year alone
Is Doug Ford deliberately undermining Toronto Community Housing?
While Ontario Premier Doug Ford has been busy on the housing and transit files—among the two most pressing issues in Toronto—his efforts have left much to be desired