Mortgage Broker News announces the winners from the 12th annual Canadian Mortgage Awards in Toronto
A new environmental code in Saskatchewan will allow developers greater flexibility in how they meet stringent rules on ‘lower risk’ issues such as air quality, water management and protection of natural resources.
The Canadian dollar has been pushed to a 5 year low today as oil prices were once again cut by Saudi Arabia.
The Canadian Real Estate Association has teamed up with the Consumer Finance Agency of Canada to produce a series of videos explaining the home buying process including explaining the key terms and concepts of mortgages
Brokers are already bracing for a surge in the number of mortgage specialists entering the channel, with one big bank’s announcement that it will shed 1,500 positions in a drive to achieve “greater efficiencies” – even at a cost of $148 million.
Canadian First Financial Group announced Monday it is expanding its retail banking operations by adding seven locations in Western Canada.
A new piece of technology will help arm brokers with the ability to virtually walk clients through their dream home – adding another layer to the broker/client relationship.
A new quarterly report from Desjardins says that Vancouver is Canada’s least affordable market currently, due to house prices relative to income.
House prices went up again in Calgary last month; rising 10 per cent compared to October last year.
It’s perhaps not too surprising that house prices rank highly when purchasers in Vancouver are choosing where to live along with other factors such as proximity to work and family.
The governor of the Bank of Canada said today that it would not be a good idea to raise interest rates in a bid to tackle imbalances in certain sectors of the economy such as property.