It appears that escalating housing prices have finally caught up with Vancouver
While CMHC heralded its third quarter results Friday, it glossed over a whopping 81 per cent drop in refinances, leaving brokers to quantify the impact on their clients and their bottom lines.
Claims and policies are down yet profits are up, as CMHC continues to prove that Finance Minister Flaherty’s tinkering may actually be having a positive effect on the Crown corporation’s bottom line.
Canada’s largest producing team in the banking channel has chosen to switch to the broker side by joining Mortgage Alliance.
Sporting a moustache may give off a wise and mature image but it does not seem to be reflected in terms of workplace seniority and career advancement opportunities.
A licenced mortgage broker has built a new system that may revolutionize the way brokerages collaborate on deals.
The International Monetary Fund (IMF) issued its report on the state of Canada’s economy on Tuesday which commended the government for cutting government-backed mortgage insurance and suggested implementing further limits.
CAAMP’s annual State of the Residential Mortgage Market report: What you need to know.
B.C.’s broker association has now formally presented recommendations to the Regulator's Council of Canada explicitly calling for bank representatives to fall under the same regulations as mortgage brokers.
The Royal Bank of Canada released its Housing Trends and Affordability report on Wednesday indicating slight deterioration of affordability across all Canadian regions; though not enough to create turmoil in the market.
The holiday season is a time for giving and one industry leader is raising money for a cause that is very dear to his heart.