The chief concern for brokers each summer is an increase in approval turnaround times, but many players say this year takes the dubious honour of being one of the worst on record
Fraud has been a hot topic in the industry lately and brokers believe harsher punishments should be doled out; but is it consumers who should be targeted?
Brokers are using their downtime this summer to fill the coffers of charitable organizations and increase the profile of the broker channel
Frustrations mount that the banks aren’t passing the entire savings onto their clients in the wake of another axed benchmark rate.
One brokerage is celebrating its 15th anniversary with a national celebration on Wednesday, July 15, that will see barbecues and gatherings in 17 communities across Canada.
Anyone with a smartphone has an app that they find invaluable; one Canadian company is designing apps specifically for mortgage brokers and real estate agents.
One broker has lost a large chunk of business to the big banks, after his preferred lender started refusing to do one type of deal.
Brokers are split on what effect one recent government rule change will have on the instances of fraud in the real estate industry.
Forget shorter amortization periods: One broker believes a mortgage grace period would be more beneficial for first-time buyers.
One industry association is lobbying for longer amortization periods for first-time homebuyers, but brokers aren’t exactly sold on the idea.