Lender announces pilot program
MCAP will soon launch a new mortgage option for its clients, making them the first monoline lender offering a mortgage deal that could spare investors and homebuyers a blow to their credit scores.
Mortgage broker offers Black Friday deal at 2.05 per cent
Among the many Black Friday bargains on offer today, a mortgage broker announced a 24 hour promotion on home loans with a rate of just 2.59 per cent for a 5-year-fixed rate mortgage and 2.05 per cent for a variable rate.
Toronto loses its reputation but Vancouver and Montreal join the elite
Toronto has dropped out of the top 10 most reputable cities in the world after almost hitting the top spot a year ago.
CMHC reveals quarterly financial report
The Canada Mortgage and Housing Corporation has released its third-quarter financial results.
Condo owners advised to check their liability on flooding
Owners of condos should check their liability in the event of flooding.
Fraud case calls dual licensing into question
A Brampton mortgage agent will spend the next 12 months behind bars after pleading guilty to fraud over $5,000, and the case has mortgage brokers calling for single licensing.
Exclusive: Economist forecast for 2015 and beyond
In a one-on-one interview with MortgageBrokerNews.ca, one economist discussed the biggest issues facing brokers in 2015 as well as a forecast for the condo market over the next few years.
Six essential tips for business writing
Yes, we know you know how to write. But writing and communicating just isn’t the same thing.
Government to reduce exposure to housing market; but doesn’t know how
Reducing the federal government’s exposure to risk from the housing market is a long term aim of finance minister Joe Oliver, but so far there’s no plan to do it.
Conference Board report predicts strong growth for 4 provinces
Ontario, Newfoundland and Labrador, Alberta, and Manitoba will be the leaders of economic growth in 2015 according to a new report from the Conference Board of Canada.