Brokers fear Oliver’s budget promise
The government made a pledge in the federal budget that brokers can’t afford to gloss over, cautions one industry vet, worried about the possibility of higher mortgage rates.
New org draws comparisons to similar successful entity
The verdict is still out for some, but many brokers are applauding the launch of a unified broker association being compared to the nation’s Realtor organization.
Wealth advisors becoming brokers?
Brokers, better get scrappy. Regulatory changes in another sector are threatening to draw more players into mortgage brokering despite the soft market.
Are brokers equal to financial advisors?
If the answer is “yes,” shouldn’t their compensation model be the same. A number of industry players think so.
Bank to benefit from competitor’s changes?
Brokers are already considering diverting clients from one big bank to another, following a recent change to a popular mortgage product.
Brokers disappointed by big bank change
Brokers are voicing their displeasure with a recent change made by a big bank that will affect past and future clients.
CMHC concerns spark debate
Readers are debating mortgage debt versus consumer debt after the CMHC released previously confidential remarks about its concern for the housing market, but is it time to finally put that discussion to bed?
Collateral charge debate heats up
The lack of transparency surrounding collateral charge mortgages at one big bank has sparked furious debate among mortgage brokers.
Did this bank miss the mark?
One major bank may have wanted to hold off on its prediction for one Canada’s hottest housing markets until after the Bank of Canada announcement.
Online rate discounting the future?
The future of the business is online and, according to one major broker, industry players who embrace that model will thrive in the coming years.