Brennan Wood, a partner at Foundry Mortgage Capital, says he noticed the phone ringing non-stop after winning a Canadian Mortgage Award
The Bank of Canada announced some proposals that are aimed at protecting the country’s financial system in the event of another financial crisis.
Canadian consumers are increasingly confident in the economy especially on job security.
Tax refunds that may be due to millennials will be used wisely by the vast majority.
Tightening mortgage rules are supported by 80 per cent of Canadians according to a new poll for the Globe and Mail.
One broker was surprised when a potential client admitted that a bank suggested he shop around for a better rate … and that the bank would beat it.
Cautiously optimistic may be the best way to describe broker sentiment concerning the industry’s newest association.
If the Bank of Canada wants to encourage economic recovery, it will leave rates alone, says one industry executive.
The American housing crisis during the recession was exacerbated by struggling homeowners who walked away from mortgages leaving banks and mortgage lenders with huge losses.
The latest edition of the BMO Blue Book shows how Canada’s economic landscape is shifting due to the lower oil prices and the loonie.
Canada’s Trez Capital Senior Mortgage Investment Corporation has reported strong first quarter results for 2015 despite a slight dip in revenue.