It appears that escalating housing prices have finally caught up with Vancouver
South of the border the level of mortgage applications has dropped in the latest survey from the Mortgage Bankers’ Association.
After a big bank gets into the short-term promotional mortgage game, one broker is claiming players will have to eat commissions to stay competitive.
One broker offered his advice for dealing with clients told by the banks to shop for rate, and the approach is nothing but classy.
Are we finally seeing the soft landing many have predicted for this one hot market?
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.