Common-sense underwriting has gone out the window, according to one industry professional
The fuss and fury homebuyers in Toronto exhibited in 2008 when the municipal land transfer tax was introduced should be repeated when it is introduced throughout province
The industry has received what may be the most accurate data on foreign investment in Vancouver to date – and it defies popularly held beliefs
Brokers get a little help teaching the next generation about how to get a loan
Mortgage fraud is being overblown, according to industry professionals in reaction to a Globe and Mail investigation into the growing trend of “fraud for shelter” cases
Enough is enough, says one broker who is calling for government intervention for foreigner investors in the wake of one bank’s slackening rules for those clients
The MBABC has started a petition with the hope of derailing an updated legislation interpretation around disclosure of fees, citing lack of consultation with the industry
Interest rates – and in particular mortgage rates – can’t go any lower, and the growth of lending may have peaked, says one industry analyst
Deals falling apart at the last minute have hindered brokers, but mortgagebrokernews.ca may have just found the case that typifies broker frustration
The condo picture in Canada’s hottest market is bright despite data that seems to point to the contrary; and one broker hopes this will help lead to more liberal lending for those types of properties
