The fallout from the B.C. government's budget continues as out-of-province Canadians found out they will also be hit by the same tax that's intended to dissuade foreign speculators from pillaging the domestic real estate market
Fraud has been a hot topic in the industry lately and brokers believe harsher punishments should be doled out; but is it consumers who should be targeted?
The concerted action of government and mortgage players is putting a dent in fraud – success that shouldn’t be forgotten in the aftermath of high-profile allegations affecting 45 brokers
It’s a clear choice that all brokers will someday have to make. Have you made yours?
Brokers can expect a boon to refinances if this one proposed tax credit is put in place
As brokers move more into the role of investment advisors and lifestyle coaches, they are finding themselves in the position of sharing more than just rates and product news with clients; they are, in fact, advising them on how to conduct business of a more personal nature
Brokers argue there aren’t enough ramifications to deter brokers from falsifying documents, but some suggest reporting them to a database such as REDX is a good start
Brokers in this one major market are likely faring better than the rest when it comes to the commercial segment
Industry insiders are attributing strong year-over-year growth in reverse mortgage originations to several factors – the most notable being human longevity
Recent numbers from one of the country’s largest real estate boards show a record amount of home sales for the month of July.
Brokers hope the recent suspension of numerous brokers by one lender for allegedly falsifying documents won’t encourage regulators to hand out more stringent guidelines