Rising interest rates and B-20’s are the likely culprits
The debate among brokers about minimum requirements to attain a mortgage continues...
One broker who plans on spending $600,000 on marketing this year -- and has seen his business grow exponentially as a result -- believes the only thing holding his colleagues back from taking the same approach is fear.
What can brokers expect in the near future? CMHC released its first quarter housing market outlook Friday and in it forecasted housing start moderation in 2015 and 2016.
Paul McCartney’s childhood home is being sold for a song.
The CEO of the Canada Mortgage and Housing Corporation says that he does not expect to see a crash in the housing market as a result of the lower interest rates.
While there may be concern over the high-end property market in Calgary currently a European realty firm believes that the longer term outlook for the city’s luxury homes is positive.
New legislation introduced in Manitoba is good news for buyers of condos but may cause concern for sellers.
Brokers have reported an increase in inquiries from clients since the Bank of Canada rate change, which has provided an opportunity for industry players to extoll the benefits of working with a mortgage broker – and explain the fine print on mortgage documents that many bankers may overlook.
The level of mortgage debt in Canada has sparked furious debate among industry professionals about qualification standards for mortgages.
Peter Forbes outlines the latest best practice tips for introducing new starters to your workplace.