It appears that escalating housing prices have finally caught up with Vancouver
Home sales were up in May, according to the latest stats from CREA, which point to significant increases in transactions and prices across the board as consumers looked to evade mortgage premiums.
Some mortgage specialists appear to be misleading clients concerned about their credit score in an attempt to erode a key value proposition for brokers.
The loss of another trailer program is proof-positive that brokers remain locked in the destructive eat-what-you-hunt mentality, say industry vets.
As a broker, you live and die on the deals that you can strike with a lender – but what if you turned that dynamic around, and took on the role of the lender?
Any further mortgage rule tightening could have a drastically negative impact on the overall economy, according to one leading organization.
Many brokers have experienced a slowdown in Alberta – and while others have braced for a downturn that never materialized, players may not yet be in the clear despite recent Bank of Canada optimism.
Pillar Financial Services recently surveyed more than 100 mortgage brokers about their clients’ experiences when seeking a mortgage – and every single one had something in common.
Brokers aren’t ready to give up without a fight, according to new details about mortgage market share released by CAAMP.
Brokers are reporting slower deal conversions on the B-side as lenders are requiring more documentation in the wake of new regulations.
A move by one company to raise capital through a rights offering is a signal that further growth is expected.