Merix Financial news

  • Money now or later? The trailer fee debate

    There are still only two Canadian lenders offering the trailer fee option, but that doesn't mean it's not being talked about. CMP checks in with brokers to see what they like and dislike about this form of payment

  • Lender panel plays it safe at CAAMP

    A panel of lenders at CAAMP's annual conference said they believe mortgage brokers' share of the market will continue to grow, but also emphasized the need for greater efficiency and speculated that volume bonuses could be scaled back over time.

  • Combination mortgages on the rise

    At a time when the rate debate is as heated as ever, combination (or "hybrid") mortgages - which allow borrowers to divide their mortgage loan into fixed and variable rates - are becoming a more common product choice.

  • Budget 2009: what it means for the mortgage industry

    Now that the mortgage industry has had plenty of time to absorb the January budget - all 360 pages and 109 checkmarks - CMP spoke to people in the industry to find out what it means to them