Asbestos; the hidden danger in renovation
Experts say that if a home is older than the 1990’s then there’s a fair chance of asbestos being present somewhere.
Despite decline, one broker believes we still need CMHC
While many have called for CMHC to leave mortgage insurance in the hands of private corporations, one industry player believes relying solely on the free market to limit exposure could lead to economic problems.
Affordability addressed by major bank
Good rates in the spring can be thanked for an influx in broker business but is the trend set to continue?
Far-out Friday: Bizarre employee excuses
Managers of Reddit: What was the most ridiculous, most exaggerated excuse an employee gave that turned out to be true?
Bursting bubble predicted by more economists
We’ve been hearing it for a while, it’s been denied by officials and ignored by many homeowners… but a growing number of economists are now predicting a bubble that will burst.
Are we building too much?
There are fears in Edmonton that there may be too much supply in the construction sector, especially in commercial property.
Australia has the kind of data we could use
There are many similarities between the housing market in Canada and that of Australia; low interest rates, affordability issues, overvaluation and foreign investment.
Canada’s most expensive condo
Imagine arranging the mortgage on this one, a $33 million condo in the Toronto Trump hotel.
Professionals agree on R2O strategy
Careful consulting at the beginning of a rent-to-own deal is key to ensuring underwriting guidelines are met, say brokers and industry professionals.
Brokers poised to win bank business?
Banks may be feeling the pinch just as much as the monolines following numerous lending changes, and this just opens the door for brokers to swoop in and win business, says one professional.