Panel predicts future of rates
Just prior to the Bank of Canada’s rate announcement four industry leaders predicted where rates will go within the next 30-45 days, and a consensus was reached.
Knowing credit unions’ limitations
Credit unions are slowly earning their chunk of the mortgage market, but brokers warn of the potential pitfalls of not knowing the limitations and carefully reading the fine print.
Brokers in one province to rely largely on refis?
A major bank is forecasting a drastic drop in home sales in one province, but anecdotal broker evidence may prove that some of the lost business can be made up through refinances.
Online rate discounting the future?
The future of the business is online and, according to one major broker, industry players who embrace that model will thrive in the coming years.
Brokers prepared to earn back market share
While it may not be what brokers wanted to hear, the prediction that broker market share will continue to drop has inspired players to focus on what they can do thrive in the changing industry.
Broker: Expect market share to continue to shrink
Broker market share shrunk in 2014, and industry players should expect more of the same this year, says one leader.
How accurate was O’Leary’s mortgage prediction?
Two years have passed since Kevin O’leary made a bold prediction about mortgage rates, and it’s time to find out how accurate he was.
Lender announces pilot program
MCAP will soon launch a new mortgage option for its clients, making them the first monoline lender offering a mortgage deal that could spare investors and homebuyers a blow to their credit scores.
Exclusive: Economist forecast for 2015 and beyond
In a one-on-one interview with MortgageBrokerNews.ca, one economist discussed the biggest issues facing brokers in 2015 as well as a forecast for the condo market over the next few years.
Malcolm Gladwell speaks to brokers about transformation
Acclaimed author and speaker Malcolm Gladwell spoke to brokers about the subject of transformation Tuesday – a subject industry professionals have likely been pondering, themselves.