Meet the CMA judges
Meet our panel of expert judges for the upcoming Canadian Mortgage Awards
TD snub doesn't surprise brokers
Mortgage brokers say they understand why a TD home buying guide advises seeking out a mortgage specialist for expert advice, with no mention of its broker-partners.
RBC now raises special fixed rate
RBC is one again leading the push to higher fixed rates, taking its “special” 5 year rate to a hefty 3.69 per cent, effective Wednesday.
New Canadians a vast potential market for brokers
A recent TD Canada Trust poll shows that 87 per cent of immigrants did not know how to apply for a mortgage in their first three months in the country – and that knowledge gap provides a prime opportunity for mortgage brokers to fill.
Big banks increase special discounted rates
Interest rates continue to go up – and this time, it is Scotiabank and RBC following TD Canada Trust by announcing increases to special discounted rates.
ING departure teaches hard lesson, say brokers
Now that ING has officially left the channel, brokers remember a company that was great to work with – but also one that has taught them a valuable lesson.
Brokers applauding Marketplace investigation
Brokers are applauding CBC’s Marketplace for its investigation of collateral charges at a major Canadian bank.
Brokers wary of TD consolidation
TD has moved to consolidate BDM services for its prime and alternative lending divisions – something brokers are worried could cost them future business.
Rising condo fees cool market for brokers
While tougher mortgage rules have rekindled interest in condos, rising fees coupled with first-time buyer fears have limited the ability of brokers to capitalize on it.
Brokers: TD rate hike signals industry shift
The move by TD Bank, RBC and CIBC to raise rates on fixed mortgages because of rising bond yields may result in a temporary boon for lenders able to resist following suit in the next 24 to 48 hours, said industry professionals reacting to Monday’s move.