The overriding reason for the influx of foreign buyers is desperation
A leading financial advisor is projecting a 40-50 per cent housing price correction and is laying the blame on the CMHC.
When it comes to their best rate, big banks can play coy. And one broker has developed a strategy to force banks to reveal their dishonesty to potential clients.
Brokers across the country acknowledge the growing number of online rate shoppers, but finally a study has been conducted to give a glimpse into just how prevalent they are.
A city councillor in the country’s hottest market is spearheading a move to crack down on the illegal conversion of secondary suites – something that could affect a wide array of potential buyers.
The Bank of Montreal has announced a ‘special’ rate for its 5 year fixed-rate loan and was quickly followed by Toronto-Dominion.
A report from BMO ranks 10 out of 22 housing markets in Canada as “very weak” including Calgary, Edmonton and Ottawa.
Vancouver is the best place to live in North America according to a new survey.
It may go against conventional wisdom, but one of the most successful brokers in the industry suggests using the bank’s preapprovals against them by sending your clients there first and then beating them on rate.
Going it alone may not be for everyone, and even one of the country’s leading independent brokers admits the compliance and payroll systems offered by broker networks are enticing.
Calgary’s property market lost its lead as the best performer in terms of annual home price growth, and Greater Toronto bagged the top spot.