Believe it or not, lenders are working overtime to outdo each other with increases to broker compensation in a market so often compared to Canada’s.
Brokers in hard-hit Alberta may want to be cautiously optimistic about the country’s latest employment figures, as jobs are up in oil country.
From rivals to partners, two competing brokerages merge under the Dominion banner.
One broker, frustrated by slow underwriting turnarounds, is pleading with lenders to fix the inefficiencies.
After a big bank gets into the short-term promotional mortgage game, one broker is claiming players will have to eat commissions to stay competitive.
One broker believes the Bank of Canada is sending mixed messages about the state of the housing industry based on who – and what – it is trying to influence.
With dizzying growth in home prices and sales, analysts are addressing broker concerns about a possible crash in key real estate markets.
With average prices and home sales in some of Canada’s largest cities continuing to experience astronomical growth, many analysts are wondering just how long it will take for those markets to come crashing down.
It was a bold rate prediction made by a solid source, but one that has already been shot down by the channel’s leading economist.
One broker believes clients now putting less than 10 per cent down will be more overleveraged than those who purchased with zero down.