Mortgage Broker News announces the winners from the 12th annual Canadian Mortgage Awards in Toronto
Businesses are increasingly relying on social media to get their message to the public and one leading broker network has announced a partnership that will help with just that.
The Bank of Canada is maintaining its target for the overnight rate at one per cent once again, pointing to inflation that is expected to hover below its target for the time being.
One industry analyst is questioning how CREA reports its home sales data, suggesting his own analysis points to a less frenetically paced market.
One local player -- who expects indirect help from the big networks -- is optimistic about the year ahead, despite a forecast that smaller brokerages will struggle in 2014.
Brokers are divided on whether they feel Finance Minister Jim Flaherty stepping down would benefit the mortgage industry, despite the finance minister’s history of instituting unpopular mortgage measures meant to cool the market.
The Canadian housing market is set for a potential 20 per cent correction over the next five years, according to the head of Canadian portfolio management for a global investment firm.
That didn't take long.
One major mortgage insurer wasted no time announcing its own premium changes, following CMHC’s major statement Friday.
The CMHC announcement Friday that it is raising its premiums may have allowed brokers to sigh in relief; at least for one, who feared much more intrusive changes from the Crown Corporation
One leading title insurer is noticing more cases of insurance fraud and a change in focus on the value of mortgages fraudsters are targeting.
The effects of CMHC’s premium hike remain to be seen, but one industry expert believes it will not slow down the market.