Player proposes broker-run organization
One leading player is not satisfied with existing mortgage professional associations and proposes one run by brokers for brokers.
Top-75 broker independent no longer
The highest producing Mortgage Broker, according to CMP’s top-75 list is independent no longer, with Jim Tourloukis heading back to his former network.
Brokerage snags three former mobile specialists
Three major bank employees make the shift to the broker channel on the heels of what one believes is a pendulum shift that will see more clients considering mortgage professionals the go-to experts; not the bankers.
Bank of Canada releases latest overnight rate
Surprise, surprise, the overnight rate will remain unchanged for another month but the reasons behind it may slow broker business.
Millenials driving condo market in GTA
Despite fears that the condo market is oversaturated and prices are bound to fizzle, homebuyers flocked the market in droves, pushing the number of sales in the GTA to eclipse the prior year’s.
More speculation about the overnight rate
Canadalend.com is weighing in on the divisive overnight rate debate, expecting it to hold at one per cent until well into 2014.
Brokers: Save 20 per cent on mandatory course
Brokers can save 20 per cent on tuition for REMIC’s upcoming 2014 Mortgage Broker and Agent Continuing Education course by pre-registering before November 1.
Credit Suisse: Not clear whether housing market will land hard or soft
In its annual Global Wealth Report, Credit Suisse paints a opaque picture of the Canadian financial picture; which it attributes, in large part, to an unclear housing forecast.
CAAMP announces list of reps
CAAMP recently released its roster of representatives for the upcoming two year term and one elected broker hopes to continue the tradition of giving brokers a national voice.
One player tries to save your clients money
Though they specialize in townhouses, one industry player is making a recommendation to CMHC that may save your clients 15 per cent on their housing insurance.