A new look at Toronto’s outrageous real estate boom
It's one thing to read about the ever-increasing housing prices in Toronto; it's another to see a side-by-side comparison of how key neighbourhoods have been transformed in very little time.
Brokers should seize teaching opportunities on credit: Xu
When was the last time you popped in to your local real estate office and explained the niceties of prepping potential homebuyers for alternative lending? For one broker, it is a chat that can not only build relationships, but a book of clients.
Bank of Canada rate cut encouraging rate shoppers, say brokers
Misguided information is causing an increase in the number of rate shoppers who aren’t quite sure what to make of the recent Bank of Canada rate cut, according to industry players.
Brokers call for more communication from certain lenders
They make great referral partners; still, brokers feel this one type of lender is shutting them out of the origination process.
SickKids Hospital the real winners in Cruise for Kids Golf tournament
Raising money for a worthy cause is a must for many companies; but for Titan Equity Group, it was a no-brainer to mix golfers with a passion for the sport that was equal to their passion to support an amazing cause.
Keys to successful negotiation
Negotiation is an essential part of daily life and crucial to a successful business. Unfortunately, negotiation is also a fine art – and one that doesn’t come naturally to every broker.
Low interest rates spawn prepayment trend
Low interest rates and the push to squirrel away money for retirement have their most cautious clients adopting a risky strategy around mortgage repayment, say brokers.
Where are refinances from the rate cut?
The Bank of Canada handed brokers a gift with its move to cut the overnight rate, but mortgage professionals are having trouble finding the usual uptick in refinances.
Decision to join brokerage comes down to reputation and integrity
For many mortgage brokers looking to find greener pastures, or simply looking to try a new challenge in life, it isn’t always about money – as was the case for one broker.
Standardized penalties could be a negative for brokers… and clients
Be careful what you wish for – brokers hankering for standardized mortgage penalties could be undercutting one clear advantage they have over the banks.