MERIX Financial’s interest-only mortgage, introduced a year ago, is taking the broker channel by storm because of how neatly it fits into borrowers’ financial lives
It’s that time of year again! Time for the annual company or neighborhood holiday party and all the other social events that come with the holiday season. The truth is that these seasonal events are also a great place for networking. And even if you don’t look at them as ‘networking events,’ you likely will be meeting new people and making an impression in the process. You may as well make the most of it!
With the decline in the energy and raw materials sector it will be Ontario that leads the nation’s economy in the coming months.
Toronto Real Estate Board reports that year-over-year figures for MLS sales for the first 14 days of December were up 1.9 per cent.
It will be another few weeks before formal notices of property tax assessments will be sent to businesses in Vancouver but building owners have already been contacted to warn them of increased costs.
A survey by the Broadbent Institute shows that Canadians underestimate how much of the nation’s wealth the top 20 per cent control.
The Real Estate Council of Alberta has brought a court-ordered injunction against a man who, despite several cease-and-desist orders and more than $60,000 in unpaid fines, continues to illegally trade in real estate and mortgages.
For the first time, CMHC released data on foreign condo investors in Canada Wednesday and in an exclusive with MortgageBrokerNews.ca, a CMHC economist shares some details behind the methodology used.
FSCO has warned brokers advertising on Kijiji that an imposter is sending fake FSCO emails warning of action if the ads aren’t removed.
If you're looking to add new employees to your brokerage, take care in your hiring process. We’re all aware of how an employment error can hit the company’s bottom line but now, one new survey is suggesting the biggest cost of a bad hire might not be financial.
Brokers have been quick to react to new CMHC data on foreign ownership of condos.