Brokers may want to hop on the fastest-growing social media platform
Just when you have Twitter, LinkedIn and Facebook finally figured out, recent data may convince you to add another social media platform to your marketing repertoire: Pinterest.
Homebuyers haggling in wake of higher rates
With the release of CREA’s Canadian real estate report on Tuesday, National Bank Financial Markets has released its Teranet - National Bank House Price Index; which posits homebuyers are haggling for better home prices to balance out increased rates.
Lifestyle survey teaser: Brokers and vacation time
We don’t want to spoil your appetite, so here is just a little taste of what our first-annual Broker Lifestyle Survey is revealing about brokers.
The broker channel and mixed martial arts?
With many conventional advertising methods tapped out, broker channel players are coming up with increasingly creative ways to catch the public eye, although this player’s out-of-the-box thinking KO’s all others.
CREA: Market to slow
The Canadian Real Estate Association (CREA) released its monthly sales numbers for all of Canada and, although the market has normalized following a sluggish start to the year, the organization foresees a slowed market in the coming months.
Self-directed RRSPs: a dying breed?
Banks have pulled back on their willingness to facilitate mortgage investment as part of self-directed RRSPs – a concern for brokers worried about shrinkage in alternative funding.
Leading brokers discuss loyalty agreements
Leading brokers discussed MortgagBrokerNews.ca’s latest Big Story at their weekly Canadian Mortgage Hangout and opinions diverged when it comes to loyalty agreements; an issue moderator Jackson Middleton considered “contentious… with a lot of different opinions”.
Buyers scrambling to re-qualify as pre-builds close
Buyers with long-term rate holds on pre-build condos are increasingly scrambling at closing to re-qualify, due to tighter lending rules.
Experts: Mortgage rates will decline
Brokers and their clients, as reluctant as they may be, may owe tea partiers in the United States a vote of thanks as their antics are expected to lower fixed rates in the short term in Canada.
Canadian Mortgage Backed Securites: The next big thing?
An increasingly important lender in the broker channel has successfully arranged a Canadian Mortgage Backed Securities (CMBS) transaction involving $400 million in commercial financing – marking the largest deal under the program since 2007. But is it also a sign of more and bigger things to come?