Clients less willing to renew early... for now
Following historically low lending rates, clients are less likely to opt to renew early, leaving few opportunities for independent brokers to try to entice clients to switch lenders… for now, at least.
CMA preview: A roundup of categories
Nominations for the Canadian Mortgage Awards (CMA) are now open and here is a quick glimpse at some of the awards you can now vote on.
CMHC forecast: Central Canada
The Canadian Mortgage and Housing Corporation (CMHC) released its fourth quarter housing outlook last week and in part two of our four-part series, we take a look at what the organization foresees for Central Canada.
How to beat banks at renewal time
The challenges of the traditionally slow winter season are now being compounded as banks contact past clients 120 days ahead of renewal – and just out of reach of a broker's 90-day rate hold.
Condo problem in Ottawa: An alternative view
A growing phenomenon in the condo development market is highlighting a disadvantage for brokers.
CMHC forecast: Western Canada
The Canadian Mortgage and Housing Corporation (CMHC) released its fourth quarter housing outlook last week and in part one of our four-part series, we take a look at what the organization foresees for Western Canada.
Broker calls for unity among brokerages
The hot debate continues after one industry player used MortgageBrokerNews.ca to propose a broker-run organization modelled after the Canadian Chamber of Commerce; and despite the many naysayers, one broker thinks he’s now come up with a workable implementation strategy.
CMHC: Slow market to carrry into 2014
The Canadian Mortgage and Housing Corporation (CMHC) has released its fourth quarter housing outlook in which it warns about a slower market carrying over into 2014.
BC market surges back; good news for brokers
In a report issued by the Bank of Montreal on Wednesday, the bank assured industry professionals the housing market in British Columbia has achieved a soft landing following a concerning sales drop early in the year.
New rate site created by industry player
There is a new rate site in town and -- brace yourself, brokers – this one was created by one of your fellow brokers. Still, its founder doesn’t believe industry players should feel threatened.