Latest news

  • Report: industry professionals fear bubble

    Brokers may be split on the issue but a new study found that 56 per cent of mortgage industry respondents in Canada and the United States fear that “an unsustainable real estate bubble is inflating.”

  • Residential mortgage debt moderates

    Outstanding mortgage balances have moderated for a second consecutive month, according to RBC’s most recent Canadian credit report.

  • Daily Market Update

    Local housing data reveals widespread growth in June… Canadians still spending on winter escapes south of the border… Calgary penthouse becomes the city’s most expensive condo sale ever… And small homes with no mortgage - the future?

  • Broker: Lender amended contract after client signed

    Brokers advise clients to diligently read the fine print but what happens if the contract is changed after the client signed?

  • Forget the market predictions and reports, professional advises

    Industry professionals should ignore the litany of real estate market predictions and reports, even those from leading financial institutions.

  • Daily Market Update

    Stats Canada report shows increase in building permits, especially in BC while Nova Scotia slips back… High end property is booming… Could Chinese investment cause a real estate crash?… And why not everyone is content with construction…

  • Client surprised by collateral charge mortgage requalification

    Collateral charge mortgages are often criticized for the barriers they place on client's ability to port their mortgage but one broker was frustrated when his client was forced to re-qualify with the same lender to access the collateral loan.

  • Lender wait times: Banks vs. monolines

    When it comes to wait times are the monolines truly better than the banks?

  • Retaining clients: 5 key things to avoid

    Getting new clients through the door can be challenging enough, but how do you ensure that those clients will return time and time again?

  • Daily Market Update

    Figures due this week are predicted to indicate the start of the ‘soft landing’… Urban home prices give boost to cottage country… And the harsh winter is still affecting our homes, this time it’s ants!