According to the Canadian Real Estate Association, national home sales will hit a near decade-low in 2019, as mortgage stress testing and rising interest rates prohibit people from entering the market
The number of mortgage applications in the US for the week ending May 8 were down by 3.5 per cent.
Believe it or not, lenders are working overtime to outdo each other with increases to broker compensation in a market so often compared to Canada’s.
Set for May 22 at the Liberty Grand in Toronto, this year’s CMAs promise to be the industry’s must-attend event, and this year’s nominees are excited for the big night.
Unlicensed companies that advertised mortgage referrals through brokers now have more clarity on how to solicit clients.
Equity Financial Holdings Inc., the parent company of Equity Trust has reported strong growth in its mortgage business for the first quarter of this year.
Canada’s economy will grow by 1.5 to 2 per cent this year and unemployment will continue to be higher than normal.
The weekly barometer of consumer confidence from Bloomberg/Nanos shows that Canadians are still growing in optimism for the economy.
Housing starts are down, and one major market has been hit the hardest.
Meridian Credit Union’s record-low mortgage promotion drew a lot of interest from potential clients, according to the company’s president, and not just for that specific product.
Brokers frustrated by appraisal management companies may have to look to lenders to bring about change.