A cross-border partnership aims to help brokers on both ends of the mortgage transaction, saving time and preventing business from falling through the cracks
Eighty-nine per cent of homes south of the border had equity by the end of last year.
It may be a controversial tactic, but one leading broker has established a rate buydown system specifically tailored to switching lenders at renewal. Dustan Woodhouse of Dominion Lending Centres explains.
In the wake of one bold housing crash prediction, brokers are questioning the methodology one analyst used to arrive at his dire conclusion.
The annual Canadian Mortgage Awards are set for May 22 at the Liberty Grand in Toronto and we’ve got your first set of finalists.
The difference in price between a new house and a new condo in the Toronto market has widened to almost $300,000.
Retail figures declined in January according to data released by StatsCan on Friday and CIBC economists believe that the unexpected drop in consumer spending is a sign that the economy shrank.
The income required to buy a home in Canada varies widely depending on the market, from under $40,000 in Trois-Rivières to more than $320,000 in West Vancouver.
Hilliard MacBeth is an Edmonton-based portfolio manager with Richardson GMP Ltd. He also wrote a book, called When the Bubble Bursts: Surviving the Canadian real estate crash, and thinks the market is overvalued by up to 50 per cent.
It’s a controversial stance, but the analyst predicting a 40-50 per cent price correction explained how he arrived at his dire estimation.
CanWise Financial has opened its third office in less than a year since foundation and the company has enjoyed marked growth in that span.